Essay
The table shows both prospective profits and losses for a company,depending on what decision is made and what state of nature occurs.Use the information to determine what the company should do.Show your work (regret table). 
a.If an optimistic strategy is used.
b.If a conservative strategy is used.
c.If minimax regret is the strategy.
Correct Answer:
Verified
Correct Answer:
Verified
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