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

MATLAB: An Introduction with Applications
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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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