Question: Based on the following payoff table, answer the following: Alternative Yes No Small 10 30 Medium 20 40 Medium Large 301 45 Large 401 35

Based on the following payoff table, answer the

Based on the following payoff table, answer the following: Alternative Yes No Small 10 30 Medium 20 40 Medium Large 301 45 Large 401 35 Extra Large 60 20 Prior Probability 0.3 0.7 The expected value of perfect information is: 4.5. 9. 40.5. . 49.5. 60

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