Question: The following pavoff table for a maximization problem is available. Decision Alternative State of nature 1 State of nature 2 Which is the recommended decision

The following pavoff table for a maximization problem is available. Decision Alternative State of nature 1 State of nature 2 Which is the recommended decision alternative using the optimistic approach? a. D1 b. D4 c. D2 cl. D5 Which is the recommended decision alternative using the conservative approach? a. D1 b. D5 c. D2 d. D3 Which is the recommended decision alternative using the minimal: regret approach? a. D1 b. D2 c. D5 d. D-t'l

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