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Consider the Following Decision Table with Rewards in $ Millions

Question 2

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 and decide d<sub>2</sub>,then α is ______. A) undetermined; there is not enough information to find the answer B) unfeasible; there is no value of α that would make you choose d<sub>2</sub> C) larger than 0.4 D) less than 0.4 E) less than 0.67 If you are using Hurwicz and decide d2,then α is ______.


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

Correct Answer:

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