Question: We mentioned that the probabilities associated with any risk profile must sum to one. To see why, lets consider the decision modeled in Figure 4.45.Because

We mentioned that the probabilities associated with any risk profile must sum to one. To see why, let’s consider the decision modeled in Figure 4.45.Because each uncertainty P, Q, R, and T are probability distributions, we must have:

Show that the nine end-node probability values p1r1, p1r2, p1r3, p2q1, p2q2, p2q3, p3t1, p3t2, and p3t3 sum to one.

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