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Question 30

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Use this information to answer the following questions.
Consider the following payoff table that represents the profits earned for each alternative (A,B,and C) under the states of nature S1,S2,and S3.
Use this information to answer the following questions. Consider the following payoff table that represents the profits earned for each alternative (A,B,and C) under the states of nature S1,S2,and S3. -Refer to the payoff table.Using the criterion of realism and an alpha value of 0.7,what would be the highest expected payoff? A) $127 B) $119.5 C) $98.5 D) $116 E) $145
-Refer to the payoff table.Using the criterion of realism and an alpha value of 0.7,what would be the highest expected payoff?


A) $127
B) $119.5
C) $98.5
D) $116
E) $145

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