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2. [-/10 Points] DETAILS ASWSBE14 19.TB.4.001. 0/2 Submissions Used You are given the following table with income payoffs (in thousands of dollars). Assume the following

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2. [-/10 Points] DETAILS ASWSBE14 19.TB.4.001. 0/2 Submissions Used You are given the following table with income payoffs (in thousands of dollars). Assume the following probability information is given. 11 and I2 are the outcomes of the sample information available. (a) (b) (C) (d) _ _ States of Nature Daemon Alternative '1 3: d1 90 190 d, 60 290 :13 510 o P(51) = 0.4; P(Il | 51) = 0.9;P(12 | 51) = 0.1 P(sz) = 0.6; P(11 | s2) = 0.3; Pa2 | 52) = 0.7 Find the values of P(Il) and P(IZ). What are the values of P(s1 | [1), P(sz | [1), P(s1 | 12), and P(s2 | 12)? (Round your answers to four decimal places.) P = :1 P = :1 Use the decision tree to determine the optimal decision strategy. If 11, select What is the expected value of this solution (in thousands of dollars)? (Round your answer to one decimal place.) . If 12, select $ :] thousand Determine the expected value of sample information (in thousands of dollars). (Round your answer to one decimal place.) EVSI = $ \\:[ thousand MY NOTES ASK YOUR TEACHER

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