(a) Redo Example 2, changing (alpha) to .5 . (b) Redo Example 2, changing (alpha) to .95...

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(a) Redo Example 2, changing \(\alpha\) to .5 .

(b) Redo Example 2, changing \(\alpha\) to .95 .

(c) What happens to the solution \(W(1)\) of the dynamic programming equation as \(\alpha \longrightarrow 1\) ? Why is this result intuitively obvious?

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