Question: Please refer to the decision tree below and answer the following question. Note: You want to maximize your expected value. Choice 1 Decision Event A

Please refer to the decision tree below and answer the following question. Note: You want to maximize your expected value. Choice 1 Decision Event A $1,000 $0 0.20 Event B $500 0.80 Event A Choice 2 Y 0.20 $0 Event B $300 0.80 Assume Y = $2,000. Then, what is the expected value of perfect information? O 640 600 200 800 160

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