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What Is the EMV for Option 1 in the Following

Question 100

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What is the EMV for Option 1 in the following decision table? States of Nature
 Alternatives S1 S2p.3.7 Option 115,00020,000 Option 210,00030,000\begin{array} { | c | c | c | } \hline \text { Alternatives } & \mathrm { S } _ { 1 } & \mathrm {~S} _ { 2 } \\\hline \mathrm { p } & .3 & .7 \\\hline \text { Option } 1 & 15,000 & 20,000 \\\hline \text { Option } 2 & 10,000 & 30,000 \\\hline\end{array}


A) 15,000
B) 17,000
C) 17,500
D) 18,500
E) 20,000

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