QUESTION 1 Napoleon is contemplating 4 different institutions for a Master's degree. The projected profit from a career following the degree in certain scenarios is as follows: Viva la France Stagnation Abandoned at Waterloo Vanderbilt 80 35 -30 Texas Tech -20 30 75 Seattle 50 15 70 Northeastern 25 50 40 What is the correct decision according to the maximax criterion? O Vanderbilt O Texas Tech O Seattle Northeastern QUESTION 2 Using the same information, what is the correct decision according to the maximin criterion? Vanderbilt Texas Tech Seattle Northeastern QUESTION 3 Using the same information, what is the correct decision according to the equal likelihood criterion? O Vanderbi O Texas Tech O Seattle O Northeastern QUESTION 4 Using the same information, what is the correct decision according to the hurwicz criterion (if a=0.2)? O Vanderbilt Texas Tech Seattl Northeastern QUESTION 5 Using the same information, what is the correct decision according to the minimax regret criterion? O Vanderbilt Texas Tech O Seattle NortheasternQUESTION 6 Using the same information, what is the correct decision according to the expected value criterion, assuming that Viva la France has a probability of 0.1, stagnation has a probaility of 0.3, and being abandoned at Waterloo has a probability of 0.6? O Vanderbilt O Texas Tech Seattle O Northeastern QUESTION 7 Using the same information, what is the correct decision according to the expected opportunity loss criterion, assuming that Viva la France has a probability of 0.1, stagnation has a probaility of 0.3, and being abandoned at Waterloo has a probability of 0.6? O Vanderbilt Texas Tech Seattle Northeastern QUESTION 8 Using the same payoff table and probabilities, find the expected value of perfect information