Question: 2. Consider the following representation of a decision analysis problem. Benefits S 100 300 D: 400 200 S DI 100 S: 300 D2 400


2. Consider the following representation of a decision analysis problem. Benefits S

2. Consider the following representation of a decision analysis problem. Benefits S 100 300 D: 400 200 S DI 100 S: 300 D2 400 200 The probabilities are: P(S) = 0.4, P(S,) = 0.6, P(I | Si) = 0.8, P(I | S:) = 0.4, P(I | Si) = 0.2, P(I, | S2) = 0.6 Determine the optimal decision strategy and its expected value.

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