Question: same as given Use the following payoff table to determine the answers to the following question, Assume P(S,) - 0.05, P(S,) = 0.05, and P(

same as given

Use the following payoff table to determine the answers to the following question, Assume P(S,) - 0.05, P(S,) = 0.05, and P( S,) is such that the three probabilities sum to 1. State of Nature Decision Choice $5060 51180 $7500 98060 $4180 91760 Choice 3 92320 $3650 5 649 Examine the opportunity osses for Choice S and dentity ine greatest opportunity loss Your Answer ARSTER Mail has new messages

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