Question: Answer Question 14 (1 point) Listen Consider the following payoff table: DA: Decision Alternative. State of Nature Decision Alternative Good Bad Probabilities 0.35 0.65 DA1

 Answer Question 14 (1 point) Listen Consider the following payoff table:
DA: Decision Alternative. State of Nature Decision Alternative Good Bad Probabilities 0.35

Answer Question 14 (1 point) Listen Consider the following payoff table: DA: Decision Alternative. State of Nature Decision Alternative Good Bad Probabilities 0.35 0.65 DA1 2.2 -0.2 DAZ 4.6 DA3 7.2 3.3 DA4 -5.1 6.7 What is the Expected Return (or Expected Value) of DA1? (Please keep 1 decimal for your answer) 8.2 Your Answer: Ancwer Question 15 (1 point) Listen What will be the MAPE (Mean Absolute Percent Error) of the table below? (Round your answer to 2 decimal places, keep in decimal format). Please only use the forecast that is given. Sales($millions) Forecast Error Absolute Error Squared Error Abs Percent error 1 7 5 2 3 9 4 11 7.00 8.33 5 14.0 Your

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