Question: please show work 1 - Given the following profit matrix. Which alternative would you choose based on: state of nature (130) (.60) (.10) a. Laplace

please show work

1 - Given the following profit matrix. Which alternative would you choose based on: state of nature (130) (.60) (.10) a. Laplace poor normal good b. Savage regret minimax 10 40 60 c. Find EVPI Alternate B -10 20 90 0 60 50

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1 - Given the following profit matrix. Which alternative would you choose based on: state of nature (-30) (-60) (.10) a. Laplace poor normal b. Savage regret minimax c. Find EVPI Alternate good 10 ou

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