Q$7$

$5$ Points

$($For the next five questions$)$

Consider the following payoff table $($profits in millions$)$

$\backslash$table$[[,$Payoff $($in $$1,000,000$ s$),],[$Alternatives:$,0,15,30,45,60,75,90,105],[$A$,-133,42,-110,136,244,226,105,-166],[$B$,36,47,224,-4,106,66,-146,116],[$C$,142,12,0,150,-27,162,-197,63],[$D$,30,139,-37,-236,-36,11,83,178],[$E$,38,161,202,177,-57,-141,-29,-177]]$

What is the best decision using the Maximin decision criterion?

A

B

C

D

E

Q$7\mathrm{.}3$

$1$ Point

What is the best decision using the Minimax Regret decision criterion?

A

B

C

D

$$ E