Maximize objective (payoffs are profits)

What is the best decision alternative using conservative (pessimistic) strategy?

Attention: Payoff values in various questions might be different.

Enter your answer as:

• 1, if the best choice is Alt A
• 2, if the best choice is Alt B
• 3, if the best choice is Alt C

	Outcome
Decisions	SON1	SON2
Alt A	4	10
Alt B	12	3
Alt C	15	2

Maximize objective (payoffs are profits)

What is the expected value of perfect information (EVPI)?

probabilities for SONs are also shown in the table.

Enter your answer with 1 decimal.

Attention: Payoff values in various questions might be different.

	Outcome
Probabilities	0.3
Decisions	SON1	SON2
Alt A	6	10
Alt B	12	7
Alt C	15	2