TABLE 19-1
The following payoff table shows profits associated with a set of 3 alternatives under 2 possible states of nature
-Referring to Table 19-1,if the probability of S1 is 0.2,what is the optimal alternative using EOL?
A)A1
B)A2
C)A3
D)It cannot be determined.

Question

TABLE 19-1
The following payoff table shows profits associated with a set of 3 alternatives under 2 possible states of nature  
-Referring to Table 19-1,if the probability of S1 is 0.2,what is the optimal alternative using EOL?
A)A1 
B)A2 
C)A3 
D)It cannot be determined.

Quizplus · Accepted Answer

The Answer of TABLE 19-1
The following payoff table shows profits associated with a set of 3 alternatives under 2 possible states of nature  
-Referring to Table 19-1,if the probability of S1 is 0.2,what is the optimal alternative using EOL?
A)A1 
B)A2 
C)A3 
D)It cannot be determined.

TABLE 19-1 The Following Payoff Table Shows Profits Associated with a Set