Question: Question 16 (5 points) For the below payoff table, if P(S1) = 0.3, P(S2) = 0.5 and P(S3) = 0.2, what decision would you recommend?

Question 16 (5 points) For the below payoff table, if P(S1) = 0.3, P(S2) = 0.5 and P(S3) = 0.2, what decision would you recommend? Go with Alternative A. It has an expected payoff of $63. Go with Alternative B. It has an expected payoff of $72. Go with Alternative C. It has an expected payoff of $63

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