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Mathematics, 09.08.2019 05:10 sierrathomas431

Adecision-maker using the maximin criterion on the problem below would choose alternative because the maximum of the row minimums is states of nature 1 2 3 alternative a 50 55 60 alternative b 30 50 80 alternative c 70 80 70 alternative d -100 -10 140 a) a; 55 b) b; 30 c) c; 70 d) d; 140 e) d; 10

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