Question: Question 21 (1 point) Listen Consider the following payoff table: Decision Alternative Probabilities Decision Alternative 1 Decision Alternative 2 Decision Alternative 3 Decision Alternative 4

Question 21 (1 point) Listen Consider the following payoff table: Decision Alternative Probabilities Decision Alternative 1 Decision Alternative 2 Decision Alternative 3 Decision Alternative 4 State of Nature Poor Average Good 0.21 0.4 0.4 28 57 26 57 32 51 27 46 42 55 52 59 What is the best decision alternative using the Expected Value criterion? 1) DA1 2) DA2 3) DA3 4) DA4

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