QUESTION 1 Models that do not involve risk or chance are deterministic problems O a. True b. False QUESTION 2 The following is a payoff table giving costs for various situations. State 1 State 2 State 3 Alternative 1 45 37 83 Alternative 2 16 59 72 Alternative 3 23 65 91 Alternative 4 44 33 55 What decision should be made based on the minimax regret criterio a. Alternative 1 O b. Alternative 2 OC. Alternative 3 od. Alternative 4 C