Question

Consider the following decision table with rewards in $ millions.

State of Nature
Decision Alternatives S1 S2 S3
d1 -1 2 8
d2 -3 7 5
d3 -0.5 0.75 1
d4 0 0 0
d5 -1 -1 -1

Using the Hurwicz criterion with alpha = 0.2, the appropriate choice would be ________.
a) d1
b) d2
c) d3
d) d4
e) d5

Answer

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