# Statement attached Q3) The following matrix gives the payoffs in utiles (a measure of utility) for...

###### Question:

statement attached

Q3) The following matrix gives the payoffs in utiles (a measure of utility) for three alternatives and three possible states of nature: State of Nature S2 A2 A3 Which alternative would be chosen under (1) the Laplace principle (2) the Maxi-Max rule (3) the Hurwicz rule with a=0.75

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