Question: PLzz solve it quickly Example: The traveling time to work for Rand J company has the following time payoff table (in minutes) State of nature


PLzz solve it quickly
Example: The traveling time to work for "Rand J" company has the following time payoff table (in minutes) State of nature Open si Jammed S2 Alternatives Expressway (di) 35 55 Queen City Avenue( d2) 40 40 Probabilities 0.80 0.2 After a period of time the company general manager noted that the weather seemed to affect the traffic conditions. The company identified three weather conditions (indicators ) with the following conditional probabilities. Il = clear 12 = overcast 13=rain The relevant conditional probabilities are as follows:- P(11/si) = 0.80 P (12/si) = 0.20 P (13/S1) = 0 th P(12/S2) = 0.10 P (12/S2) = 0.30 P(13/s2) = 0.6 Calculate the efficiency of the new information? Tvne here to search d Example: The traveling time to work for "Rand J" company has the following time payoff table (in minutes) State of nature Open si Jammed S2 Alternatives Expressway (di) 35 55 Queen City Avenue( d2) 40 40 Probabilities 0.80 0.2 After a period of time the company general manager noted that the weather seemed to affect the traffic conditions. The company identified three weather conditions (indicators ) with the following conditional probabilities. Il = clear 12 = overcast 13=rain The relevant conditional probabilities are as follows:- P(11/si) = 0.80 P (12/si) = 0.20 P (13/S1) = 0 th P(12/S2) = 0.10 P (12/S2) = 0.30 P(13/s2) = 0.6 Calculate the efficiency of the new information? Tvne here to search dStep by Step Solution
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