Question: Question 4 [12 points]: Consider the following payoff table. Based on these probabilities and EMV criterion, a person would select Alternative 2. Suppose there is
![Question 4 [12 points]: Consider the following payoff table. Based on](https://dsd5zvtm8ll6.cloudfront.net/si.experts.images/questions/2024/10/671cc87812efb_575671cc8778dc22.jpg)
Question 4 [12 points]: Consider the following payoff table. Based on these probabilities and EMV criterion, a person would select Alternative 2. Suppose there is a concern about the accuracy of these probabilities. It can be stated that Alternative 2 will remain the best alternative as long as the probability of A is at least {?}. Support your
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