Question: What is the expected value with perfect information in the following decision table? States of Nature Alternatives S1 S2 p .6 .4 Option 1 200
What is the expected value with perfect information in the following decision table?
|
| States of Nature | |
| Alternatives | S1 | S2 |
| p | .6 | .4 |
| Option 1 | 200 | 300 |
| Option 2 | 50 | 550 |
A) 90
B) 250
C) 260
D) 300
E) 340
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