Expected payoff corresponding to various levels of business expansion and economic conditions faced by Ramcast Cable Inc. is given in the table below. The probabilities of the events are also given. What is the minimum expected opportunity loss in the payoff matrix given below?

A) 180,000
B) 435,000
C) 390,000
D) 149,000

Question

Expected payoff corresponding to various levels of business expansion and economic conditions faced by Ramcast Cable Inc. is given in the table below. The probabilities of the events are also given. What is the minimum expected opportunity loss in the payoff matrix given below?

A) 180,000 
B) 435,000 
C) 390,000 
D) 149,000

Quizplus · Accepted Answer

The Answer of Expected payoff corresponding to various levels of business expansion and economic conditions faced by Ramcast Cable Inc. is given in the table below. The probabilities of the events are also given. What is the minimum expected opportunity loss in the payoff matrix given below?

A) 180,000 
B) 435,000 
C) 390,000 
D) 149,000

Expected Payoff Corresponding to Various Levels of Business Expansion and Economic