Question: Given the following payoff table for profits, determine the Expected Value of Perfect Information if the probability of S = 0.45. States of Nature

Given the following payoff table for profits, determine the Expected Value of Perfect Information if the probability of S = 0.45. States of Nature Decision $1 S d 100 200 d 50 250 d3 400 100 82.50 67.50 60.00 265.00 387.50

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