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Statıstıcs Iı Deneme Sınavı Sorusu #1072146
Statıstıcs Iı Deneme Sınavı Sorusu #1072146
Answer the questions 7-8 according to following information.
A company has 5 different alternative actions denoted by A1, A2,..A5 under 3 possible states of nature, which are denoted by S1, S2 and S3. The pay off matrix for each action and state of nature is given as:
What will be the best action under maximax criterion?
A1 |
A2 |
A3 |
A4 |
A5 |
Yanıt Açıklaması:
maxA1=max(7,10,8)=10
maxA2=max(9,7,12)=12
maxA3=max(14,13,11)=14*
maxA4=max(9,8,6)=9
maxA5=max(7,4,5)=7
Thus A3 gives the maximum of maximum possible payoffs.
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