Given the following profit table determine the minimax

Given the following profit table determine the minimax

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Reference no: EM13620630

Given the following profit table determine the minimax regret decision.

	States of Nature
Decision	S₁	S₂	S₃
d₁	-100	100	87
d₂	20	45	-80
d₃	34	20	-90
d₄	10	10	10

a.		d₁
b.		d₂
c.		d₃
d.		d₄
e.		d₁ or d₄

Reference no: EM13620630

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