A global economist hired by Telecomp, the U.S.-based computer manufacturer in Problem S1-1, estimates that the probability
A global economist hired by Telecomp, the U.S.-based computer manufacturer in Problem S1-1, estimates that the probability that the economic and political climate overseas and in Mexico will decline during the next five years is 0.30, the probability that it will remain approximately the same is 0.40, and the probability that it will improve is 0.30. Determine the best country to construct the new facility in and the expected value of perfect information.
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