Please answer the question contained in the attachment and show all work, using excel or google sheets if needed. Thank you!

Suppose that a decisionmaker faced with four decision alternatives and four states of nature develops the following prot payo' table: 34mm 440nm 19mm} ammo 220nm ammo a] If the decision maker knows nothing about the probabilities of the four states of nature= what is the recommended decision using the optimistic (maximax), conservative (maximin) and minimax regret approaches? h) Assume that the payoff table provides cast rather than prot payoffs. 1What is the recommended decision using the optimistic, conservative, and minimax regret approaches