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Uniquecorn21 Uniquecorn21
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6 years ago
A decision 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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taniaaaaaataniaaaaaa
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6 years ago
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