Bb 32253169 X WP Chapter 15 Homework X WP Grades for Simran Bains: ACCT X Content X C learn.humber.ca/ultra/courses/_186175_1/cl/outline Paused Update : L Quantitative Methods - DSTA-320-DA Tests and Quizzes QUIZ Z - DECISIONI Z X The following payoff table consists of profits ($'000) a company will earn based on their choice from alternatives d1, d2, and d3, and the resulting state of nature ($1, $2, $3). P($1) = 0.1 and P($3) = 0.8. S1 S2 S3 d1 12 15 31 37 38 39 d3 38 14 19 a) What is the expected value of d2? Round to the nearest dollar. Hint: Probabilities must add up to 1. Values are given in thousand dollars. Round to the nearest dollar. b) What is the expected value of the optimal decision? Round to the nearest dollar. $ c) What is the optimal decision based on expected values? Priv Ter