This topic contains a solution. Click here to go to the answer

Author Question: This regret matrix gives potential dollar values in thousands for strategies S1, S2, S3, and S4 for ... (Read 60 times)

serike

  • Hero Member
  • *****
  • Posts: 542
This regret matrix gives potential dollar values in thousands for strategies S1, S2, S3, and S4 for Al's Fish Fry and competitive strategies CA1, CA2, and CA3 for Sal's Fish Bake.
 
  If Al wants to minimize his maximum regret, which strategy should he choose?
 
   CA1 CA2 CA3
  S1 3 15 9
  S2 12 10 12
  S3 8 9 17
  S4 13 16 3
 
  A) S4
  B) S3
  C) S2
  D) S1

Question 2

This regret matrix gives potential dollar values in thousands for strategies S1, S2, S3, and S4 for Al's Fish Fry and competitive strategies CA1, CA2, and CA3 for Sal's Fish Bake. If Al chooses S3, what kind of strategy is he using?
 
  CA1 CA2 CA3
  S1 3 15 9
  S2 12 10 12
  S3 8 9 17
  S4 13 16 3
 
  A) minimax
  B) maximin
  C) maximax
  D) minimin


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

efwsefaw

  • Sr. Member
  • ****
  • Posts: 351
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




serike

  • Member
  • Posts: 542
Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review


CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

For a complete list of videos, visit our video library