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The Following Is a Payoff Table Giving Profits for Various

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The following is a payoff table giving profits for various situations:
States of Nature The following is a payoff table giving profits for various situations: States of Nature   The probabilities for states of nature A, B, and C are 0.3, 0.5, and 0.2 respectively. -What else might one consider in choosing from among these alternatives? The probabilities for states of nature A, B, and C are 0.3, 0.5, and 0.2 respectively.
-What else might one consider in choosing from among these alternatives?

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Risk should be consi...

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