Question 15 (2 points) Suppose that there is a decision to be made where there are two decision alternatives and three possible states of nature. Consider the payoff table below, and determine which decision to select using an conservative approach. Enter a 1 in the blank below for decision 1 and a 2 in the blank for decision 2. S2 51 4. S3 22 9 d1 d2 10 8 14 Your Answer: Answer Question 16 (2 points) Suppose that there is a decision to be made where there are two decision alternatives and three possible states of nature. Consider the payoff table below, and determine the regret for decision alternative 2 if state 1 occurs. S1 S2 53 18 16 7 d1 d2 12 11 12 Your