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Consider the Following Decision Table with Rewards in $ Millions

Question 12

Multiple Choice

Consider the following decision table with rewards in $ millions. Consider the following decision table with rewards in $ millions. If you are using Hurwicz criterion with α = 0.3 and decide d<sub>2</sub>,then y is ______. A) undetermined; there is not enough information to find the answer B) unfeasible; there is no value of y that would make you choose d<sub>2</sub> C) larger than 3.71 D) larger than 8 E) larger than 12.67 If you are using Hurwicz criterion with α = 0.3 and decide d2,then y is ______.


A) undetermined; there is not enough information to find the answer
B) unfeasible; there is no value of y that would make you choose d2
C) larger than 3.71
D) larger than 8
E) larger than 12.67

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