Question 2. A decision maker is facing with the following decision alternatives, states of nature and the corresponding profit payoff table: State of Nature Decision Alternative Si S2 S3 S4 D1 11 12 13 13 D2 10 13 11 14 D3 9 10 9 12 D4 12 15 10 14 a) If the decision maker does not have any information about the probabilities of the states of nature, suggest decision strategies based on optimistic, conservative, and regret approaches. b) Assume that the table above shows cost rather than profit payoffs. Suggest decision strategies based on optimistic, conservative, and regret approaches