Statıstıcs Iı Deneme Sınavı Sorusu #960765

The payoff values for decision alternatives : there are 5 states of nature and the cost values for the first decision alternative are 0.8, 0.9, 0.2, 0.7, 0.6. The decision maker is pessimistic. Which payoff value is taken from the first decision alternative?


0.2

0.6

0.7

0.8

0.9


Yanıt Açıklaması:

x = max = 0.9 . If the payoff table is based on costs, first for each decision alternative, the maximum payoff value of each decision alternative is listed then among these payoff values the decision alternative producing the minimum is chosen as the best decision alternative. pg 190. Correct answer is E.

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