Question: 1 - Given the following profit matrix. Draw the decision tree and find: probability (.10) (.30) (.20) (.40) a. Expected Value S1 S2 S3 S4

1 - Given the following profit matrix. Draw the decision tree and find:

probability (.10) (.30) (.20) (.40)

a. Expected Value S1 S2 S3 S4

b. Savage regret minimax A 50 -10 30 60

c. EVPI Alternate B 0 30 80 50

C 20 10 60 30

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