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Consider the Following Payoff Table,where the Amounts Are in

Question 42

Multiple Choice

Consider the following payoff table,where the amounts are in $ millions: Consider the following payoff table,where the amounts are in $ millions: If you are using Hurwicz criterion with α = 0.45 (where α is the coefficient of optimism) and decide d<sub>3</sub>,then x is ______. A) unfeasible;there is no value of x that would make you choose d<sub>3</sub> B) larger than 4 C) larger than 6.5 D) larger than 11.16 If you are using Hurwicz criterion with α = 0.45 (where α is the coefficient of optimism) and decide d3,then x is ______.


A) unfeasible;there is no value of x that would make you choose d3
B) larger than 4
C) larger than 6.5
D) larger than 11.16

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