Question: In the table shown below: a) What is the maximum regret for Google? b) What is the EV for Apple? Next year market status Good
In the table shown below:
a) What is the maximum regret for Google?
b) What is the EV for Apple?
| Next year market status | Good | OK | Bad |
| Probability | 0.45 | 0.25 | 0.30 |
| 8,898 | 4,482 | 1,808 | |
| Tesla | 9000 | 5000 | 2000 |
| Apple | 6000 | 4800 | 4100 |
| Starbucks | 5500 | 5000 | 4500 |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
