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    Quantitative Analysis for Management Study Set 1
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    Exam 3: Decision Analysis
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    Consider the Following Payoff Table
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Consider the Following Payoff Table

Question 33

Question 33

Multiple Choice

Consider the following payoff table. Consider the following payoff table.   How much should be paid for a perfect forecast of the state of nature? A)  170 B)  30 C)  10 D)  100 E)  40 How much should be paid for a perfect forecast of the state of nature?


A) 170
B) 30
C) 10
D) 100
E) 40

Correct Answer:

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