Question: Determine decision strategies based on expected value and on expected utility for this decision tree. Use the utility function Payoff Indifference Probability 500 1.00 350

Determine decision strategies based on expected value and on expected utility for this decision tree. Use the utility function

Payoff

Indifference Probability

500

1.00

350

.89

300

.84

180

.55

100

.43

40

.20

20

.13

0

0

Determine decision strategies based on expected

That's all the information, I got.

D .6 0 A E 4 300 L .6 F .5 500 20 M .4 40 B 2 N .8 100 K H .3 P 2 180 350 100 D .6 0 A E 4 300 L .6 F .5 500 20 M .4 40 B 2 N .8 100 K H .3 P 2 180 350 100

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