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In: Advanced Math

The following is a payoff table giving costs for various situations. What decision would an optimist...

The following is a payoff table giving costs for various situations. What decision would an optimist make?

State 1 State 2 State 3
Alternative 1 45 37 83
Alternative 2 16 59 72
Alternative 3 23 65 91
Alternative 4 44 33 55

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