QUESTION 4 6 points Save Answer $2 $3 $5 4 VAU - W OWNOA WA W OO A UI A A Payoff Matrix. In the table below, choices are presented by row and states are presented by column. The state probabilities are unknown. Utilities that correspond to a given choice and state are presented within the cells of the matrix. In answer to the questions below, list all choices that are optimal (i.e., if three choices are optimal for a given question, list all three choices for full credit, not only one of them). 1. What choice (or choices) is (are) made by an individual who minimizes regret? 2. What choice (or choices) is (are) made by an individual who adopts maximin utility? 3. What choice (or choices) is (are) made by an individual who adopts maximax utility? 4. What choice (or choices) is (are) made by an individual who puts equal probabilities on each state and uses subjective expected utility? T TT Arial 3 (12pt) V T - IE