Question: 1.Given: P(S1)=0.6,P(S2)=0.1,P(S3)=0.2,P(S4)=0.1 in Table 2. Find the following Expected Values; Table 2 a. Expected Monetary Value (EMV), b. Expected Opportunity Loss (EOL), c. Expected Value

1.Given: P(S1)=0.6,P(S2)=0.1,P(S3)=0.2,P(S4)=0.1 in Table 2. Find the following Expected Values; Table 2 a. Expected Monetary Value (EMV), b. Expected Opportunity Loss (EOL), c. Expected Value of Perfect Information (EVPI)
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