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 and S2 is 0.8, then the expected opportunity loss (EOL) for A1 is

A) 0.
B) 1.2.
C) 4.8.
D) 5.6.