Question: Suppose, P ( s 1 ) = 0 . 4 , P ( s 2 ) = 0 . 4 , P ( s 3

Suppose, P(s1)=0.4, P(s2)=0.4, P(s3)=0.2. Profit( in millions) for each of the States of Nature are given below:
S1
S2
S3
D1
$200
$500
$800
D2
-$100
$600
$1200
D3
-$200
$500
$1300
EV with No Info =
Group of answer choices
$380
$800
$440
$500

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