A Decision Maker Is Faced with a Decision Making Under

Essay

A decision maker is faced with a decision making under uncertainty situation in a national election.He lays out his decision table and begins to enter equal probabilities for all states of nature into his spreadsheet.He feels uneasy doing so, reasoning that it can't possibly be as likely that one candidate will win every tossup state.Advise the decision maker on an appropriate course of action in completing the decision table.