using the information from the table what s the minimum expe

using the information from the table, what s the minimum expected opportunity loss

                                                              States of Nature

                                             .25             .3                       .45

Decision                               s1              s2                        s3

d1                                     238            235                       180

d2                                    210            285                         220

d3                                  150               200                     250

a- 20.5

b-47.5

c-257.50

d-237

e-15

Solution

c-257.50

using the information from the table, what s the minimum expected opportunity loss States of Nature .25 .3 .45 Decision s1 s2 s3 d1 238 235 180 d2 210 285 220 d

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