Question: Based on the following payoff (positive payoff) table Table4.pdf If the probabilities of s 1 , s 2 , and s 3 are 0.5, 0.3,

Based on the following payoff (positive payoff)

Based on the following payoff (positive payoff) table Table4.pdf

If the probabilities of s1, s2, and s3 are 0.5, 0.3, and 0.2, respectively. Then, The Expected Value of Perfect Information is

24.5

27.0

2.5

60
State of Nature S2 Decision di d. dz Si 12 8 7 15 25 30 S3 30 35 60

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