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

Question 20 (1 point) Consider the following

Question 20 (1 point) Consider the following

Question 20 (1 point) Consider the following

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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