.com/ilm/takeAssignment/takeAssignmentMain.do?invoker-assignments&takeAssignmentSessionLocator-assign... A A c. A test market study of the potential demand for the product is expected to report either a favorable (F) or unfavorable (U) condition. The relevant conditional probabilities are as follows: P(FIS)=0.10 P(U | 51) = 0.90 P(FS2)=0.40 P(U | S2)=0.60 P(U | 53) = 0.40 P(F53)=0.60 What is the probability that the market research report will be favorable? If required, round your answer to three decimal places. P(F) 1 d. What is Gorman's optimal decision strategy? Decision strategy: If F then If U then e. What is the expected value of the market research information? Expected value: $ f. What is the efficiency of the information? If required, round your answer to one decimal place. Efficiency: 19 Previous