Question: The Expected Value under perfect information, means 1) Based on one set of probabilities, calculate another set of probabilities O2) Determine whether to use Expected

The Expected Value under perfect information, means 1) Based on one set of probabilities, calculate another set of probabilities O2) Determine whether to use Expected value or Expected Return 3) You know the probability of success 4) You know what state of nature you will be in and then can pick the best choice

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