Question: Question 60 6 pts The next question is based on the following decision matrix (Number indicates Profit) High (0-2) State of Nature Moderate (0.5) Low

Question 60 6 pts The next question is based on the following decision matrix (Number indicates Profit) High (0-2) State of Nature Moderate (0.5) Low (0.3) $50 $15 Buy Alternatives Rent Lease 25 30 25 (-820) 15 10 20 Note:( ) indicates probability. Other values indicate profit. The MINIMAX strategy would be Lease

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