Question: Using the payoff table below, what decision should you make using the cautious approach? 5 1 ( . 1 0 ) 5 2 ( .

Using the payoff table below, what decision should you make using the cautious approach?51(.10)52(.40)S3(0.50)D1255295193D2382243150D3364328389D4373162204D5239221152O D2O D5 D4O D3O D1

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