Question: Question 12 (8 points) Given the payoff table below Probability 0.2 0.5 S1 S2 DI 12 12 D2 5 50 D3 15 10 D4 15

Question 12 (8 points) Given the payoff table below Probability 0.2 0.5 S1 S2 DI 12 12 D2 5 50 D3 15 10 D4 15 25 0.3 S3 12 -40 5 10 Enter answers as D1, D2, D3, D4, S1, S2 or S3 (one only per answer) Using the optimistic (maximax) criteria the choice is A Using the pessimistic model (maximin) the choice is A Using the pessimistic model (maximin) the choice is A/ Using the expected value criteria the choice is Using the Regrets criteria (minmaxRegrets) the choice is AJ

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