Question: Which is the recommend decision alternative using the minimax regret approach? Use the following payoff table for a maximization problem. State of nature 1 6

Which is the recommend decision alternative using the minimax regret approach? Use the following payoff table for a maximization problem. State of nature 1 6 State of nature 2 7 Decision Alternative D1 D2 D3 D4 -2 2 2 -3 4 10 O a. D1 Ob. D2 c. D3 Od. D4 O e. None of the above

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