Question: The following payoff table for a maximization problem is available. Decision Alternative State of nature 1 State of nature 2 D1 -2 7 D2 7

The following payoff table for a maximization problem is available.

Decision Alternative

State of nature 1

State of nature 2

D1

-2

7

D2

7

1

D3

1

10

D4

5

6

D5

11

3

Which is the recommended decision alternative using the minimax regret approach?

a.

D1
b.

D2
c.

D3
d.

D4
e.

D5

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