The payoff table is a table in which the rows are states of nature,the columns are decision alternatives,and the entry at each intersection of a row and column is a numerical payoff such as a profit or loss.

Name: The payoff table is a table in which the rows are states of nature,the columns are decision alternatives,and the entry at each intersection of a row and column is a numerical payoff such as a profit or loss.
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This is a correct definition of a payoff table.

The Payoff Table Is a Table in Which the Rows