Question: l want the answer please 3 points Save AIS, QUESTION 1 Consider the following problem for the payoff table (Profit S) with four decision alternatives

l want the answer please

3 points Save AIS, QUESTION 1 Consider the following problem for the payoff table (Profit S) with four decision alternatives and three states of nature: S1 S2 S3 p=0.13 PH D1 11 27 47 D2 33 54 D3 1 36 60 D4 16 24 44 p=0.26 What is the expected value of perfect information (EVPI) (S) for the 4 alternatives? (Hint: (Hint: You can calculate theExpected value with perfect information (EVwPl) = (16*0.13+36*0.26+60*(1-0.13-0.26)))

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