Question: Question 20 (1 point) Consider the following payoff table: DA: Decision Alternative. of Nature States Excellent Good Fair Poor 4 8 11 6 Decision Alternative




Question 20 (1 point) Consider the following payoff table: DA: Decision Alternative. of Nature States Excellent Good Fair Poor 4 8 11 6 Decision Alternative IDA1 DAZ DA3 DA4 4 4 10 13 7 3 21 -10 17 -5 6 12 What is the payoff for DAZ ( Decision Alternative 2) and State of nature Good? Your Answer: Answer Question 22 (1 point) Consider the following payoff table: DA: Decision Alternative. State of Nature Decision Alternative Good Bad Probabilities 0.6 0.4 DA1 5.2 -3.1 DA2 3.5 1.81 What is the Expected value of perfect Information (EVPI)? (Please keep 1 decimal for your answer) Your Answer: Answer Consider the following regret table: DA: Decision Alternative. Regret State of Nature Decision Alternative Good Bad Probabilities 0.3 0.7 DA1 1.5 O DA2 4.5 8.2 DA3 7.3 3.2 DA4 0 7.3 .What is the EOL? Enter the amount not the Decision Alternative. (Please keep 1 decimal for your answer) Your Answer: Consider the following payoff table: DA: Decision Alternative. State of Nature Decision Alternative Good Bad Probabilities 0.4 0.6 DA1 5.21 -3.22 IDA2 -5.40 11.80 DA3 7.80 3.75 DA4 4.06 6.33 What is the Expected value under perfect Information (EVUPI)? (Please keep 2 decimals for your answer) Vour
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