Question: asap Consider the following projects: Project 1 , Project 2, Project 3 and Do Not Change. We also consider three different states being High, Medium

asap asap Consider the following projects: Project 1 ,
Consider the following projects: Project 1 , Project 2, Project 3 and Do Not Change. We also consider three different states being High, Medium and Low. For Project 1 the profits are for state High = 250, state Medium = 150 and for state Low = 50. For Project 2 the profits are for state High = 350, state Medium = 200 and for state Low = 10. For Project 3 the profits are for state High = 200, state Medium = 120 and for state Low = 80. For Do Not Change the profits are for state High = 200, state Medium = 100 and for state Low = 50. Based on this information, which is the best answer using the method of Laplace The worst solution is Do Not Change with an EMV = 186.7 The best solution is Project 2 with an EMV = 116.7 All answers correct The solutions to consider are: Project 1. Project 2. Project 3, Do Nothing and Do Not Change All answers are wrong SUBMIT ALL 12:20 25/10/2020 ho insert prt sc backspace & 7 V 8 9 9 7

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