Question: Consider the following problem for the payoff table (Profit S) with four decision alternatives and three states of nature: $1 $2 53 p=0.19 p=0.26 pa

Consider the following problem for the payoff table (Profit S) with four decision alternatives and three states of nature: $1 $2 53 p=0.19 p=0.26 pa D 1 36 61 D2 9 32 52 D3 12 28 42 D4 16 24 47 What is the expected value of perfect information (EVPI) ($) for the payoff table? (Hint: You can calculate the Expected value with perfect information (EVWPI) (16*0.19+36*0.26+61*(1-0.19-0.26))) (Round your answer to 2 decimal places)

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