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Use the table below to determine which decision should be made based on an optimistic decision maker. Decision d1 d2 d3 d4 State of Nature s1 $2 10,000 -5,000 25,000 9,000 20,000 -5,000 11,000 -4,000 $3 15,000 10.000 10,000 15,000

Use the table below to determine which decision should be made based on an optimistic decision maker. Decision d1 d2 d3 d4 State of Nature s1 $2 10,000 -5,000 25,000 9,000 20,000 -5,000 11,000 -4,000 $3 15,000 10.000 10,000 15,000

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 1GP
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Use the table below to determine which decision should be made based on an optimistic decision maker. O d2 or d3 d3 Od2 Od1 or d4 Od4 Decision d1 d2 d3 d4 State of Nature s1 s2 10,000 -5,000 25,000 9,000 20,000 -5,000 11,000 -4,000 $3 15,000 10.000 10,000 15,000
Transcribed Image Text:Use the table below to determine which decision should be made based on an optimistic decision maker. O d2 or d3 d3 Od2 Od1 or d4 Od4 Decision d1 d2 d3 d4 State of Nature s1 s2 10,000 -5,000 25,000 9,000 20,000 -5,000 11,000 -4,000 $3 15,000 10.000 10,000 15,000
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