Question $14$

Use the following Payoff Table to answer questions in Problem Set Q$2.$

Buy $0$ Unit

Buy $1$ Unit

Buy $2$ Units

Buy $3$ Units

Probability

$\backslash$table$[[$S$1,$S$2,$S$3,$S$4,$S$5],[0,0,0,0,0],[-7,70,88,6,-14],[-27,69,33,51,34],[62,33,34,-1,84],[0\mathrm{.}2,0\mathrm{.}4,0\mathrm{.}1,0\mathrm{.}1,0\mathrm{.}2]]$

Question: What is the expected value of perfect information $($EVPI$)?$

a$.25\mathrm{.}4$

b$.37\mathrm{.}9$

c$.33\mathrm{.}7$

d$.71\mathrm{.}1$