Question: Show work and clearly show final answer A manager has developed a payoff table that indicates the profits associated with a set of alternatives under

Show work and clearly show final answer A manager

Show work and clearly show final answer A manager has developed a payoff table that indicates the profits associated with a set of alternatives under three possible states of nature. Alternatives State of Nature S2 S3 8 6 9 8 7 Si 10 -2 8 1 2 3 If the manager uses Hurwicz Criterion (a =0.3) as the decision criterion, which of the alternatives would she choose

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