You have four different strategic business plans you can select to implement against your competitors.You estimate that the probability that the competitors are aware of your strategies is 0.3 and 0.7 that they are unaware.The payoffs are estimated for each scenario. What is the maximin choice?

Question

You have four different strategic business plans you can select to implement against your competitors.You estimate that the probability that the competitors are aware of your strategies is 0.3 and 0.7 that they are unaware.The payoffs are estimated for each scenario.  What is the maximin choice?

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The Answer of You have four different strategic business plans you can select to implement against your competitors.You estimate that the probability that the competitors are aware of your strategies is 0.3 and 0.7 that they are unaware.The payoffs are estimated for each scenario.  What is the maximin choice?

You Have Four Different Strategic Business Plans You Can Select