Question: There are no Bayesian calculations required in this problem. All required probabilities are given. T You need to pick between tivo types of technology to

There are no Bayesian calculations required in this problem. All required probabilities are given. T
You need to pick between tivo types of technology to develop and deploy on your electronic devices (Tech A versus Tech B). There is a congressional committee writing regulations that will effect the profitability of the two technologies. The regulations may come out to be favorable (.4) neutral (.4) or unfavorable. You must make your choice before the regulations are announced.
If you pick Tech A and the regulations are favorable the payoff is $100M if neutral $40M and if unfavorable $-30M.
If you pick Tech B and the regulations are favorable or neutral the payoff is $50M and if unfavorable $30M.
The technology with the best expected value is
Tech A
 There are no Bayesian calculations required in this problem. All required

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