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Unformatted text preview: PAYOFF TABLE Decision State of nature alternative s1 s2 s3 d1 4 4-2 d2 3-1 d3 1 5-3 OPPORTUNITY LOSS TABLE Decision State of nature Maximum Recommended alternative s1 s2 s3 regret decision d1 1 1 1 d1 d2 4 2 4 d3 3 2 3 Minimax regret value 1...
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This note was uploaded on 11/18/2011 for the course BUS 220 taught by Professor Drexel during the Fall '08 term at SUNY Stony Brook.
- Fall '08