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{"ops":[{"insert":"Problem 3: Kebede & co. is considering investing some money that they inherited.\nThe following payoff table gives the profits that would be realized during the next\nyear for each of three investment alternatives the co. is considering:\n\na) What decision should be done by Maximax?\nb) What decision should be done by Maximin?\nc) What decision should be done by Criterion of realism? Assume that\ncoefficient of realism, \u03b1, to be 0.80.\nd) What decision should be done by Equally likely?\ne) What decision should be done by Minimax regret?\nf) What decision should be done by EMV?\n"}]}
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