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Below You Are Given a Profit Payoff Table Involving Two

Question 9

Multiple Choice

Below you are given a profit payoff table involving two decision alternatives and three states of nature. Below you are given a profit payoff table involving two decision alternatives and three states of nature. ​ The probability that s<sub>1</sub> will occur is .2; the probability that s<sub>2</sub> will occur is .6. The expected value of the best alternative equals A) 29. B) 105. C) 12.0. D) 41.0. ​ The probability that s1 will occur is .2; the probability that s2 will occur is .6.
The expected value of the best alternative equals


A) 29.
B) 105.
C) 12.0.
D) 41.0.

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