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1. A Jeep manufacturer uses a special control device in each Jeep he produces. Four alternative methods A, B, C, D can be used to detect and avoid a faulty device. To detect the fault, the devices should go through four testing machines M1, M2, M3, and M4. The corresponding payoffs are shown in table below: M₁ M₂ M3 M4 A 20* a 100+b -150 50+2*a B 400 0 200 0 с -50*b 200 0 100 D 0 300 + a + b 300 0 Calculate the loss table of the above payoff table. Suggest a decision for him as per the minimax regret criteria. (15

1. A Jeep manufacturer uses a special control device in each Jeep he produces. Four alternative methods A, B, C, D can be used to detect and avoid a faulty device. To detect the fault, the devices should go through four testing machines M1, M2, M3, and M4. The corresponding payoffs are shown in table below: M₁ M₂ M3 M4 A 20* a 100+b -150 50+2*a B 400 0 200 0 с -50*b 200 0 100 D 0 300 + a + b 300 0 Calculate the loss table of the above payoff table. Suggest a decision for him as per the minimax regret criteria. (15

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A=9, B=0, C=0, D=0, E=0, F=0

1. A Jeep manufacturer uses a special control device in each Jeep he produces. Four alternative methods A, B, C, D can be used to detect and avoid a faulty device. To detect the fault, the devices should go through four testing machines M1, M2, M3, and M4. The corresponding payoffs are shown in table below: M₁ M₂ M3 M4 A 20* a 100+b -150 50+2*a B 400 0 200 0 с -50*b 200 0 100 D 0 300 + a + b 300 0 Calculate the loss table of the above payoff table. Suggest a decision for him as per the minimax regret criteria. (15
Transcribed Image Text:1. A Jeep manufacturer uses a special control device in each Jeep he produces. Four alternative methods A, B, C, D can be used to detect and avoid a faulty device. To detect the fault, the devices should go through four testing machines M1, M2, M3, and M4. The corresponding payoffs are shown in table below: M₁ M₂ M3 M4 A 20* a 100+b -150 50+2*a B 400 0 200 0 с -50*b 200 0 100 D 0 300 + a + b 300 0 Calculate the loss table of the above payoff table. Suggest a decision for him as per the minimax regret criteria. (15
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