Question: 6. Using Excel Spreadsheet and formulas for this problem (make sure cell references are unique to your table). Provide all techniques practiced previously: five (5)
6. Using Excel Spreadsheet and formulas for this problem (make sure cell references are unique to your table). Provide all techniques practiced previously: five (5) techniques for Decisions Making under Uncertainty, EMV, EOL, and EVPI. Use the attached Excel spreadsheet example (file name "EXCEL Example 3-Spreadsheet for Decision Theory with All Formulas"). Use =0.7 for the Hurwicz. Use the 50 for the probability of a Good Economy and 50 for the probability of a Poor Economy. Submit the answers (on a separate sheet/tab) in the same Excel file with questions 4-5
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