Question: Problem 22 Question Help Analyze the decision tree in the figure to the right. What is the expected payoff for the best alternative? First, be

Problem 22 Question Help Analyze the decision

Problem 22 Question Help Analyze the decision tree in the figure to the right. What is the expected payoff for the best alternative? First, be sure to infer the missing probabilities. (0.2) $21 $25 The expected payoff is $||). (Enter your response rounded to the nearest penny.) 2 Alternative 0.31 $19 $20 [0.2] $23 Alternative 2 (0.4) 3 $28 -$28 $15 [0.2] [0.4] $30 10.21 $27

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