Question: Use the table below to develop an Opportunity Loss Table. States of Nature Alternatives A B C Alternative 1 100 120 180 Alternative 2 200

Use the table below to develop an Opportunity Loss Table.

States of Nature

Alternatives

A

B

C

Alternative 1

100

120

180

Alternative 2

200

100

50

Alternative 3

120

140

120

Do Nothing

0

0

0

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