What is the expected value with perfect information (EVwpI) of the following decision table? States of Nature

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Question:

What is the expected value with perfect information (EVwpI) of the following decision table?

States of Nature

Alternatives

Option 1

10,000

30,000

Option 2

5,000

45,000

Option 3

-4,000

60,000

Posted Date: May 20, 2024 04:04 AM

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What is the expected value with perfect information (EVwpI) of the following decision table? States of Nature

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