Payoff tables + Risk Preference + Maximax, Maximin & Minimax Regret [Eng]

[@muhammadyasin4266]

Thanks for Providing simple way to understand this concept

[@cedrio8244]

oh yeeahhh im german and study at the moment i didnt find anything execpt of this video which could explain me the fuckin payoff table :DD

[@abhishekchaturvedi6844]

one of the best videos is what exactly I am looking for

[@mohitkr080886]

Thanks, Cleared all my doubts through your video.

[@NeilTheBoss12]

You explained very clearly, thanks!

[@moonhanaa]

I am so confused with this topic before my exam and this video saves me! Thank you for your sharing.

[@shihabudheenpp5988]

The way of presentation is good

[@HasaanFazal]

Appreciate your kind words

[@shamendrasuraweera1474]

Very clear and well explained

[@kudakwashebriankatsere9488]

simple explanation. thanks a lot

[@englishtosinhalalyricshub2897]

Very clear.. thanks a lot❤️

[@ozgin3958]

Thank you so much , I was doing my homework and still can’t figure it out but after I watch this video I can understand it that my lecturer swap position of alternatives .I was fool for like 5 hours haha , thank you again!

[@HasaanFazal]

Glad it helped. And good luck!

[@bhavnarajput8572]

Very well understood... thankuuu so much

[@natanyamckenzie6816]

Love this video ❤

[@nasraearly7960]

Thank you❤️🥺

[@mamushgezahign1924]

Woooow really really I wanna say tnx from bottom of ma heart tnx all Indian brilliant love Indian!

[@rohanbinkhokon345]

Thank you Brother.

[@amirrahman2592]

this is so helping 👍🏻👍🏻👍🏻

[@dav8749]

this was so helpful, I struggled with understanding it till now

[@nidhithakur6850]

Good

[@sheikhrashel9799]

Thanks a lot vai❤️❤️

[@nahin46]

Cleared. Thank you.

[@dennissang686]

Indeed very helpful

[@HasaanFazal]

Glad it helped

[@vivekaryal9865]

Thanks a lot.

[@mahirfaysalprottoy3075]

very good presentation.

[@priscillazizinga6551]

please what happens if the worse possible outcomes have equal numbers?

[@saquibrazakhan7412]

Thanks brother :)

[@seyhanreyhan]

Thank you soooo soooo much :) your are perfect

[@mahmudulhasan2401]

I have found a solution in cima -Kaplan for p1 where regret is calculated along alternative options, not along scenarios - I'm confused

[@joshaerikamascardo8941]

Hello, what if you computed all the 3 approach (optimist, conservative, minimax regret) and among all the results, you need to choose which is the best decision. Example: Optimist: d3 = 120 Conservative: d4 = 20 Minimax regret: d4 = 100 what could be the best decision?

[@HasaanFazal]

As stated in the video, it depends on the managerial style of the individual. That style will dictate which path to follow. This is important as a person can only one style at one time. He can't be optimistic and conservative at the same time. Hope this helps.

[@olaoluwamann4187]

What happens when we have more than three scenarios? Do we strike one scenario out, or compute all scenarios?

[@darkprince1896]

Thnx sir ..... It means a lot to understand ths topics .. Btw where can i found the counterpart ?

[@HasaanFazal]

Didn't get what you meant by "counterpart"?

[@muhammadumarnazirchishti5155]

kindly please make video on value of perfect and imperfect information and decision trees

[@HasaanFazal]

IN SHA ALLAH TALLAH

[@raghuvarma3307]

sir i have a doubt that i regret table you told that the minimum should be selected but the minimum is -570 please explain

[@HasaanFazal]

In -570.... minus is representing a loss. In other words minus sign is used to represent losses. Understanding this, if we compare 570, 360 and 250 the highest possible loss is 570. Seems you got confused between conceptual and figurative use of minus sign. Hope this helped. Let me know if you require further explanation