A group of friends are planning a recreational outing and haveconstructed the fo

A group of friends are planning a recreational outing and haveconstructed the following payoff table to help them decide whichactivity to engage in. Assume that the payoffs represent theirlevel of enjoyment for each activity under the various weatherconditions.WeatherCold Warm RainyS1 S2 S3Bike: A1 10 8 6Hike: A2 14 15 2Fish: A3 7 8 9If the group chooses to minimize their maximum regret whatactivity will they choose?