Question: Use the data in the following table for question Q 6 - Q 9 . Table 4 No Promotion Slow Promotion Fast Promotion High Flying
Use the data in the following table for question QQ
Table
No Promotion
Slow Promotion
Fast Promotion
High Flying Consultant
Data Analyst
Research Assistant
Question points
In choosing between three new jobs, Joe MBA considers the potential payoffs over the next three years. The following table contains the payoffs, given the speed of promotion in each of the organizations. Use the information in Table and the minimax regret decision rule. The minimax regret is:
a less than $ if the highflying consultant job is selected.
b less than $ if the data analyst job is selected.
c less than $ if the research assistant job is selected.
d more than $ if the research assistant job is selected
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