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What Is the Expected Value of Perfect Information of the Following

Question 66

Multiple Choice

What is the expected value of perfect information of the following decision table?
                               States of Nature  Alternatives S1 S2p.6.4 Option 1 200300 Option 250350~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~{ \text { States of Nature } } \\\begin{array} { | l | c | c | } \hline \text { Alternatives } & \mathrm { S } _ { 1 } & \mathrm {~S} _ { 2 } \\\hline \mathrm { p } & .6 & .4 \\\hline \text { Option 1 } & 200 & 300 \\\hline \text { Option } 2 & 50 & 350 \\\hline\end{array}


A) 0
B) 20
C) 50
D) 150
E) 200

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