Problem $1(20$ points$)$:

Prior to doing any problems, create a $2$ rows x $3$ columns template for each of five decision criteria that we discussed in class:

Minimin$/$Maximax

Minimax$/$Maximin

Minimax Regret

Average Payoff Strategy

Hurwicz Criterion $(\backslash$alpha $=$ a user input$)$

Each template should not only provide the necessary calculations, but should also have an output cell that tells the user what decision is best for that criterion.

$($Note: You will actually create $10$ templates $(5$ for if you want to minimize cost; $5$ for if you want to maximize payoff$))$

$($Note #$2$: If done correctly, you should be able to copy$/$paste the payoff tables from the problems below directly into your templates.$)$