TABLE 19-1 The Following Payoff Table Shows Profits Associated with a Set

Multiple Choice

TABLE 19-1
The following payoff table shows profits associated with a set of 3 alternatives under 2 possible states of nature.
-Referring to Table 19-1, if the probability of S1 is 0.2, what is the optimal alternative using EOL?

A) A1
B) FA2
C) FA3
D) It cannot be determined.