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Consider the Following Decision Table in Which W, X, Y

Question 33

Multiple Choice

Consider the following decision table in which w, x, y, and z are decision alternatives and A and B are the two possible states of nature, with probabilities 0.40 and 0.60. Consider the following decision table in which w, x, y, and z are decision alternatives and A and B are the two possible states of nature, with probabilities 0.40 and 0.60. The expected value for decision W is ___________. A) 40 B) 75 C) 80 D) 220 E) 30 The expected value for decision W is ___________.


A) 40
B) 75
C) 80
D) 220
E) 30

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