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    Exam 21: Extension 5: Decision Theory
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    If She Feels the Chances of Low, Medium, and High
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If She Feels the Chances of Low, Medium, and High

Question 41

Question 41

Multiple Choice

If she feels the chances of low, medium, and high compliance are 20%, 30%, and 50% respectively, what is her expected value of perfect information?


A) $16,000
B) $26,000
C) $46,000
D) $48,000
E) $50,000

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