Projected payoff corresponding to various levels of business expansion and economic conditions faced by Ramcast Cable Inc. is given in the table below. Using Hurwicz criterion with $\alpha=0.7$, identify the correct decision for Ramcast Cable Inc.

A) $d_{1}$
B) $d_{2}$
C) $d_{3}$
D) $d_{4}$

Question

Projected payoff corresponding to various levels of business expansion and economic conditions faced by Ramcast Cable Inc. is given in the table below. Using Hurwicz criterion with $\alpha=0.7$, identify the correct decision for Ramcast Cable Inc.

A) $d_{1}$ 
B) $d_{2}$ 
C) $d_{3}$ 
D) $d_{4}$

Quizplus · Accepted Answer

The Answer of Projected payoff corresponding to various levels of business expansion and economic conditions faced by Ramcast Cable Inc. is given in the table below. Using Hurwicz criterion with $\alpha=0.7$, identify the correct decision for Ramcast Cable Inc.

A) $d_{1}$ 
B) $d_{2}$ 
C) $d_{3}$ 
D) $d_{4}$

Projected Payoff Corresponding to Various Levels of Business Expansion and Economic