Question: URGENT HELP PLEASE Answer all please Question 30 (5 points) Based on the following payoff table, answer the following: The decision strategy based on the
URGENT HELP PLEASE Answer all please
Question 30 (5 points) Based on the following payoff table, answer the following: The decision strategy based on the optimistic approach is: a) medium. b) small. c) medium large. Based on the following payoff table, answer the following: The decision strategy based on the conservative approach is: a) extra large. b) medium large. c) medium. Question 32 (5 points) Based on the following payoff table, answer the following: The minimax regret approach is: a) small. b) medium. c) medium large. Question 33 (5 points) Based on the following payoff table, answer the following: Considering the probabilities, based on the expected value approach is: a) large. b) medium c) extra large. Question 34 (5 points) Based on the following payoff table, answer the following: The expected value of perfect information is: a) 4.5 b) 40.5




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