Consider the following payoff TableDecision AlternativeD₁D2The State of Nature0.791-0.79-51$25884D3144What is the payoff value for the D2 under S2 should be to keep the optimal solution alwaysoptimal?(Do not writ the sign > or <)(Round your answer to 2 decimal places)

To Find: Payoff value for the D2 under S2 so that solution would be optimal Formula used (…

Answered: Consider the following payoff Table…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Consider the following payoff Table Decision Alternative D₁ D₂ The State of Nature 0.79 1-0.79- $1 $2 5 8 4 D3 14 4 What is the payoff value for the D2 under S2 should be to keep the optimal solution always optimal?(Do not writ the sign > or <) (Round your answer to 2 decimal places) 8