Question: QUESTION 7 Question: Consider the following Cost payoff table ($): S1 $2 $3 D1 11 8 14 15 33 D2 26 25 10 D3 34

QUESTION 7 Question: Consider the following Cost payoff table ($): S1 $2 $3 D1 11 8 14 15 33 D2 26 25 10 D3 34 What is the value (S) of best decision alternative under Regret criteria? QUESTION 6 The computer center at Rock bottom University has been experiencing computer downtime. Let us assume that the trials of an associated Markov process are defined as one-hour periods and that the probability of the system being in a running state or a down state is based on the state of the system in the previous period. To From Running Down Running 0.65 P12 Down P21 P22 = ?? Given that Steady State Probability 1-Steady State probability 2 (,) What is the transition probability P22 Value ? (Round your answer to 2 decimal places)

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