Question: Question 12 (8 points) Saved Given the payoff table below Probability 0.2 0.5 S1 S2 D1 12 12 D2 5 50 D3 15 10 D4

Question 12 (8 points) Saved Given the payoff table below Probability 0.2 0.5 S1 S2 D1 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 D2 A Using the pessimistic model (maximin) the choice is Using the optimistic (maximax) criteria the choice is D2 Using the pessimistic model (maximin) the choice is D1 A/ Using the expected value criteria the choice is D4 A Using the Regrets criteria (minmaxRegrets) the choice is Using the pessimistic model (maximin) the choice is D1 4 Using the expected value criteria the choice is 7 > D4 AM 10 Using the Regrets criteria (minmaxRegrets) the choice is 13 D4 A/

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