Consider the Following Decision Table with Rewards in $ Millions

Multiple Choice

Consider the following decision table with rewards in $ millions. $\begin{array}{r}\text { State of Nature }\\(\begin{array}{|c|c|c|c|}\hline\text { Decision Alternatives } & S_{1} & S_{2} & S_{3} \\\hline d_{1} & -1 & 2 & 8 \\\hline d_{2} & -3 &6.5 & 5 \\\hline d_{3} & -0.5 & 0.75 & 1 \\\hline d_{4} & 0 & 0 & 0 \\\hline d_{5} & -1 & -1 & -1\\\hline\end{array}\end{array}$
If you are using Hurwicz and decide d₂, then $\alpha$ is ______.

A) undetermined; there is not enough information to find the answer
B) unfeasible; there is no value of $\alpha$ that would make you choose d₂
C) larger than 0.4
D) less than 0.4
E) less than 0.67