With the accompanying payoff table and the prior and posterior probabilities computed in Exercise 22.23 calculate the
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a. The optimal act for each experimental outcome
b. The expected value of sample information.
Payoff Table
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аз az 10 22 18 23 15 S2 19
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a Prior probabilities EMVa 1 510 522 16 EMV a 2 518 519 185 EMV a 3 523 515 ...View the full answer
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