Question: Can someone please explain to me how this question has been solved? Please be simple. Thank you Question: There are two actions (Action 1 and
Can someone please explain to me how this question has been solved? Please be simple. Thank you
Question:
There are two actions (Action 1 and Action 2), and two types of possible states (s and t). What are the possible outcomes we need to consider when we want to compare the EV of Action 1 and Action 2?
Solution:
a) Action 1 with state of the world s: 20%
b) Action 1 with state of the world t: 80%
c) Action 2 with state of the world s: 50%
d) Action 2 with state of the world t: 50%
The numbers 50% and 20% are in the question, but can someone explain to me where did 80% come from?
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