Question: Question 5 (1 point) What is the best decision alternative using the MaxiMax criterion? State of nature Decision Alternative Poor Average Good Decision Alternative 1

Question 5 (1 point) What is the best decision alternative using the MaxiMax criterion? State of nature Decision Alternative Poor Average Good Decision Alternative 1 31 31 40 Decision Alternative 2 12 39 36 Decision Alternative 3 19 19 361 Decision Alternative 4 40 18 47 1) DA1 2) DA2 3) DA3 4) DA4

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