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Unformatted text preview: Rsponse: Fly-By (A2) has the maximax value of the max values b) Maximin Max Values Old Rel. A1 2000 500 2000 Fly-By A2 6000-5000 6000 Federally A3 1200 1200 1200 Response: Federally (A3) has the minimum value of the max values c) Equally likely Median Values Old Rel. A1 2000 500 1250 Fly-By A2 6000-5000 500 Federally A3 1200 1200 1200 Response: Old Rel. (A1) has the max value of the medeans d) Minimax regret assumptions Select the Max value from each investimet Old Rel. A1 2000 500 Fly-By A2 6000-5000 Federally A3 1200 1200 Deduct the max value from each line and identify the Max values Old Rel. A1 4000 700 Fly-By A2 6200 Federally A3 4800 Response: Old Rel. (A1) carries the Minimax regret assumption....
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- Spring '09