Question: please help! Consider the following payoff table: Economic Expansion 0.50 Sell Firm 5 Do Nothing 5 Improve Products 40 Expand To Europe 20 Economic Contraction

please help! please help! Consider the following payoff table:

Consider the following payoff table: Economic Expansion 0.50 Sell Firm 5 Do Nothing 5 Improve Products 40 Expand To Europe 20 Economic Contraction 0.50 5 -10 -20 -15 What is the optimal decision using Maximin? Expand To Europe Sell Firm Improve Products Do Nothing Based on the previous table, what is the optimal decision using Minimax? Sell Firm Improve Products Expand To Europe Do Nothing Question 3 (0.5 points) Listen Based on the previous table, what is the optimal decision using Bayes' Rule (Expected Value)? O Expand To Europe Sell Firm Do Nothing Improve Products

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