Using the Taguchi loss function.
| A process | B process |
|
0 |
0.02 |
| 0.2 | 0.03 |
| 0.2 | 0.15 |
| 0.2 | 0.6 |
| 0.2 | 0.15 |
| 0.2 | 0.03 |
| 0 | 0.02 |
calculate the expected losses for the two processes. Which process has a smaller expected loss? Can you give an intuitive explanation for why the process in your answer has a smaller expected loss