Question: In Problem 16, if P(s) = 0.25, P(52) = 0.50 and P(s) = 0.25, find a recommended decision for each of the three decision makers.
In Problem 16, if P(s) = 0.25, P(52) = 0.50 and P(s) = 0.25, find a recommended decision for each of the three decision makers. Note that for the same decision problem, different utilities can lead to different decisions.
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