Question: QUESTION 7 The following payoff table was developed. Act Probability State of Nature a1 a2 a3 0.3 S1 50 90 70 0.5 S2 70 40

QUESTION 7 The following payoff table was developed. Act Probability State

QUESTION 7 The following payoff table was developed. Act Probability State of Nature a1 a2 a3 0.3 S1 50 90 70 0.5 S2 70 40 60 0.2 S3 100 80 90 What is the expected value of perfect information

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