Question: Q1. Kim, as an expected value decision maker, was considering the decision situation depicted below Uncertainty X Alternative 1 75.0% Decision 30 Alternative 2 30

 Q1. Kim, as an expected value decision maker, was considering the

Q1. Kim, as an expected value decision maker, was considering the decision situation depicted below Uncertainty "X" Alternative 1 75.0% Decision 30 Alternative 2 30 Kim decided to go with Alternative 1. As it happened, uncertainty \"X\" turned out to be X1 and Uncertainty \"Y\" turned out to be Y2. I 1) Kim made a bad decision and had a good outcome. (True or false) 2) Justify your answer above

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