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5) Minimax Regret: 4) Hurwicz (Realism) at α = 0.4
5) Minimax Regret: 4) Hurwicz (Realism) at α = 0.4
5) Minimax Regret
Gasoline Availability
Investment Shortage Stable Supply Surplus
Motel -8000 15000 20000
Restaurant 2000 8000 6000
Theater 6,000 6000 5000
Best 6000 15000 20000
Expected Opportunity Loss with probabilities 0.3, 0.3 and 0.4 ( EOL).
Gasoline Availability
Investment Shortage Stable Supply Surplus EOL
Motel 14000 0 0 4200
Restaurant 4000 7000 14000 8900
Theater 0 9000 15000 8700