Question 38 (1 point) Using EVUII, which Decision Alternative would you chose? State Nature Good Poor 0.2 33 of Average 0.5 26 29 Decision Alternative Probabilities Decision Alternative 1 Decision Alternative 2 Decision Alternative 3 Decision Alternative 4 0.3 18 31 18 15 NNN 16 23 11 1) Decision Alternative 1 2) Decision Alternative 2 3) Decision Alternative 3 4) Decision Alternative 4 action 2011 point) Saved Question 4 (1 point) Build the Opportunity Loss (Regret) table for the below data and answer the following question. -3.0 DA: Decision Alternative. State of Nature Decision Alternative Good Bad DA1 5.0 IDA2 -5.6 8.1 DA3 9.2 o DA4 -5.3 5.2 A decision of DAZ would mean an opportunity loss of (Round to 1 decimal place) in state of nature Good. Your Answer: Answer Question 5 (1 point) Consider the following payoff table: DA: Decision Alternative. States of Nature Excellent Good Fair Poor Decision Alternative DA1 8 8 7 6 4 12 10 13 DA2 DA3 DA4 3 7 -5 2 12 -10 17 6 What is the payoff for DA2 ( Decision Alternative 2) and State of nature Good