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Quant. Analysis

  • From Mathematics, Probability
  • Due on 12 Feb, 2016 04:41:00
  • Asked On 06 Feb, 2016 09:44:52
  • Due date has already passed, but you can still post solutions.
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The following is a payoff table giving profits for various situations.

              A      B      C

Alt 1    120    140     120

Alt 2     200    100     50

Alt 3     100    120    180

Do Nothing 0     0       0

 

What decision would an optimist make?

A) Alternative 1

B) Alternative 2

C) Alternative 3

D) Do Nothing

E) State of Nature A

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  • Submitted On 07 Feb, 2016 12:21:21
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