Question: please help Hale's Productions is considering producing a pilot for a comedy seres in the hope of sehing it to a major strmaming senvice. The
please help
Hale's Productions is considering producing a pilot for a comedy seres in the hope of sehing it to a major strmaming senvice. The streaming service moy decide to reject the series, buit it may also docide to purchase the rights to the series for either ine or two years: At this point in time. Hale may either produce the pilot and wait for the streaneing servicers decasion or transfer. the ihghis for the nilot and series to o competitor for $100,000. Rale's decision alternutives and prohits fia thousands of doilars) are as follows: TWe probabikies for the Maths of nature are (1)=0. that the fuliewirg pridabiates ark seleqant. P(f)=0.61P(+)=0.31Psive=0asfsision=0wfsiven=6.16 What is the expected value (in thousands of dollars)? thousand dollars (c) What is the expected value of perfect information (in thousands of dollars)? thousand dollars (d) What is Hale's optimal decision strategy assuming the agency's information is used? If favorable, If unfavorable, (e) What is the expected value (in thousands of dollars) of the agency's information? (Round your answer to two decima places.) thousand dollars Ulwww.webassign.net/weh/Student/Assignment-Responses/submit/dep-20401690stagswautosavellquestion5223687_ I 122, 8:52PM Chapter 13- Homework Assignment - Bus2-190 Sec 04 - MW 3 pm, secton 04, Fall 2022 I WebAasign (f) Is the agency's information worth the $5,000 fee? What is the maximum that Hale should be willing to pay (in thousands of dollars) for the information? (Round your answer to two decimal places.) thousand dollars

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