Question

2. (5 pts) The following payoff table represents growth rates associated with 3 possible investments in...

2. (5 pts) The following payoff table represents growth rates associated with 3 possible investments in
stocks, bonds, or bank deposits under various economic growth scenarios.
Growth Rate
Hi Growth Med Growth Low Growth No Growth
Bonds 9 10 -1 2
Stocks 15 9 5 -4
Deposits 6 6 4 4
a. Write the best decision using an opportunity loss table and the Minimax Regret Rule.

I need formulas too please.

Math   Statistics-And-Probability   
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