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TABLE 19-1 The Following Payoff Table Shows Profits Associated with a Set

Question 25

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TABLE 19-1
The following payoff table shows profits associated with a set of 3 alternatives under 2 possible states of nature. TABLE 19-1 The following payoff table shows profits associated with a set of 3 alternatives under 2 possible states of nature.   -Referring to Table 19-1, if the probability of S1 is 0.5, then the EVPI for the payoff table is A)  -3. B)  3. C)  8. D)  11.
-Referring to Table 19-1, if the probability of S1 is 0.5, then the EVPI for the payoff table is


A) -3.
B) 3.
C) 8.
D) 11.

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