Q6: based on question 5, and by using expected monetary value (EMV) the best alternative is: Select one: a. A3 with profits of 200 O b. A1 with profits of 300 O c. A2 with profits of 350 O d. A2 with profits of $ 470 O e. A3 with profits of 300 Q5: Given the following decision table: Good market Fair market poor market P = 0.5 p=0.3 P. Size of the station 0.2 Small (A1) 200 600 100 Medium (A2) 700 -200 300 Large (A3) 100 400 150 By using Hurwicz criterion with a = 0.6 the best alternative is: Select one: O a. A1 with profits of 180 O b. A2 with.profits of 280 O c. A2 with profits of $430 O d. A1 with profits of 400 O e. A3 with profits of 200
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