Need Assistance with problem

Aina

New member
Joined
May 3, 2010
Messages
2
Statistics/Probability problem is as follows:
Determine the best decision, using the following decision criteria; (1) Maximax, (2) Maximin, (3) Hurwicz (a=.60), and (4) Equal likelihood.

Player Loser

Byrd $ -3.2 $ 1.3 4.4
O'Neil - 5.1 1.8 6.3
Johnson - 2.7 0.7 5.8
Gordan - 6.3 - 1.6 9.6

Please help, asap.
Aina
 
Sorry, additional headers, "Player" "Loser" "COMPETITIVE" AND "MAKE PLAYOFFS"
 
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