Study the table below and use it to answer the questions that follow and calculate the Expected Monetary Values (EMV) of the different outcomes. DECISION TABLE WITH CONDITIONAL VALUES STATE OF NATURE FAVORABLE OUTCOME UNFAVORABLE OUTCOME ALTERNATIVE ($) ($) Construct a Large Plant 300,000 -150,000 Construct a Small Plant 120,000 -30,000 No Plant 0 0 Probability 0.5 0.5

From the information above calculate the best outcomes using

a) Maximax criterion

b) Minimax criterion

c) Maximin criterion