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TTImi TTImi
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6 years ago
What decision would be made under minimax regret?
 
  An investor is consider four different opportunities, A, B, C, or D. The payoff for each opportunity will depend on the economic conditions, represented in the payoff table below.
 
   Economic Condition
   Poor Average Good Excellent
  Investment (S1) (S2) (S3) (S4)
 
   A 50 75 20 30
   B 80 15 40 50
   C -100 300 -50 10
   D 25 25 25 25
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npalmierinpalmieri
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6 years ago
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4 years ago
thankyouu
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