Question: Question Set 2. This question set uses the table of outcomes from Question Set 1 for Google's strategies. Assume that the probabilities for scenarios

Question Set 2. This question set uses the table of outcomes from Question Set 1 for Google's strategies. Assume that the probabilities for scenarios are: P(Scenario 1) = 0.2 P(Scenario 2) = 0.3 P(Scenario 3) = 0.3 P(Scenario 4) = 0.2 1. What decision will maximize Google's expected monetary value? (9pts) 2. What is the expected value of perfect information? (6pts)

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