Pairwise Comparison Method | Charts, Definition & Examples

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Problem 14-15 (Algorithmic)Use the pairwise comparison matrix for the price criterion as shown in Table 14.8 to verify that the priorities after synthesis for price are 0.073, 0.252, and 0.675. Compute the consistency ratio and comment on its acceptability. Round your answers to three decimal places.PriceAccordSaturnCavalierAccordSaturnCavalier3.200Consistency Index0.062Consistency Ratio0.172Since the consistency ratio is greater than 0.100, the degree of consistency in the pairwise comparison m