Question: QUESLUIT AU PRIL Consider the following payoff table: DA: Decision Alternative. State of Nature Decision Alternative Good Bad Probabilities 0.6 0.4 IDAI 5 -3 DA2


QUESLUIT AU PRIL Consider the following payoff table: DA: Decision Alternative. State of Nature Decision Alternative Good Bad Probabilities 0.6 0.4 IDAI 5 -3 DA2 3 2 What is the expected value of perfect Information (EVPI)? (Please keep 1 decimal for your answer) Your Answer: Answer Question 17 (1 point) What will be the MAPE (Mean Absolute Percent Error) of the table below? (Round your answer to 2 decimal places, keep in decimal format) Three period moving average Period Sales($millions) Forecast Error Absolute Error Squared Error Abs Percent error 1 7 2 5 3 9 4 11 7.00 8.33) 5 15.3 Your Answer: Bad DA: Decision Alternative. State of Nature Decision Alternative Good Probabilities 0.4 0.6 DA1 5.21 -3.22 DA2 -5.40 11.60 DA3 10.40 3.75 IDA4 4.06 6.33 What is the Expected value under perfect Information (EVUPI)? (Please keep 2 decimals for your answer) Your Answer: Answer Question 19 (1 point) Consider the following regret table: DA: Decision Alternative. Regret State of Nature Decision Alternative Good Bad Probabilities 0.3 0.7 DA1 2.9 O DA2 4.5 8.2 7.3 3.2 DA3 DA4 .What is the EOL? 8.9 Enter the amount not the Decision Alternative. (Please keep 1 decimal for your answer) Your
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