Based on the following payoff table: Alternative Strong Fair Poor Large 27,500,000 5,500,000 -15,500,000 Medium 15,000,000 6.500,000 -5,000,000 10,000,000 5,000,000 -1.600,000 Small strategy is:

MATLAB: An Introduction with Applications
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Chapter1: Starting With Matlab
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Based on the following payoff table:
Alternative
Strong
Fair
Poor
Large
27,500,000 5,500,000 -15,500,000
Medium
15,000,000 6.500,000 -5,000,000
Small
10,000,000
5,000,000 -1,600,000
The maximin strategy is:
Medium
O Poor
O Small
O Large
O Strong
Transcribed Image Text:Based on the following payoff table: Alternative Strong Fair Poor Large 27,500,000 5,500,000 -15,500,000 Medium 15,000,000 6.500,000 -5,000,000 Small 10,000,000 5,000,000 -1,600,000 The maximin strategy is: Medium O Poor O Small O Large O Strong
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