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Question
This regret matrix gives potential dollar values in thousands for strategies S1, S2, S3, and S4 for Al's Fish Fry and competitive strategies CA1, CA2, and CA3 for Sal's Fish Bake. If Al wants to minimize his maximum regret, which strategy should he choose?
| CA1 | CA2 | CA3 | |
| S1 | 3 | 15 | 9 |
| S2 | 12 | 10 | 12 |
| S3 | 8 | 9 | 17 |
| S4 | 13 | 16 | 3 |
A) S4
B) S3
C) S2
D) S1
Answer
This answer is hidden. It contains 152 characters.
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