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18) What is the EMV for Option 2 in the following decision table option 1 probably is .30 and Fav. $ 15000 and UNFav $20000
18) What is the EMV for Option 2 in the following decision table option 1 probably is .30 and Fav. $ 15000 and UNFav $20000 and option 2. Probably is .70 and Fav. $ 10000 and UNFav 30000 .
a. 16,000
b. 24,000
c. 20,000
d. 10,000
16) What is the EMV for Option 1 in the following decision option 1 probably is .30 and Fav. $ 15000 and UNFav $20000 and option 2. Probably is .70 and Fav. $ 10000 and UNFav 30000
a. 15,000
b. 17,500
c. 18,500
d. 17,000
Please please, I don't have enough time to help me
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