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10. The following payoff table show the Profit for a decision problem with three decision alternatives and two states of nature: States of Nature Decision

10. The following payoff table show the Profit for a decision problem with three decision alternatives and two states of nature: States of Nature Decision Alternative si S2 d1 6 4 d2 8 3 d3 10 1 Let p=P(S1). Use the graphical sensitivity analysis to graph the expected profit as a function of the probability p. (a) For what range of probability p is decision alternative di the optimal choice? Write your answer as an inequality using 3 decimal places. (ie. p

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