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-DSA Tests and Quizzes QUIZ Z - DECISIONI Z Use the given decision tree to answer the questions that follow. Payoffs are X profits/losses. s1 $2,800 $2 (0.3) $13,300 C s1 (0.7) -$4,800 B $2 $16,500 a) The expected value at node A, EV(A) is $ b) The expected value at node B, EV (B) is $ X c) The expected value at node C, EV (C) is $ d) The expected value with perfect information, EVwithPI is $ e) The expected value of perfect information, EVPI is $ Priv Ter32253169 X I m ConnectSignlnlMcGraw Hill X E Content X H Course Hero x I + O ( 9 C' a learn.humber.ca/ultra/courses/_186175_1/cl/outline i} a B *- Quantitative Methods - BSTA-320-DBA Tests and Quizzes Quiz 3 - Sample Information {21% a) What is the expected value of the optimal decision without sample information? 55 D b) If sample information is favourable (F), what is the expected value of the optimal decision? $ U c) If sample information is unfavourable (U), what is the expected value of the optimal decision? $ B d) What is the expected value with sample information, EVwithSI? $ B e) Calculate EVSI? $ U f) Based on your EVSI, should you pay $100 for the sample information