QUESTION 2 Use the table below to answer the questions that follow and caculate the Expected Monetary Value (EMV) of the different outcomes DECISION TABLE WITH CONDITIONAL VALUES ALTERNATIVES Start a big Company Start a small company Build Nothing Probabilities Calculate the following i. The EMV ii. Maximin criterion iii. Maximax criterion iv. Minimax criterion STATE OF NATURE FAVORABLE OUTCOME UNFAVORABLE OUTCOME ($) ($) 2,000,000 800,000 0 0.3 -500,000 -200,000 0 0.7