5 . the reservatio price of design a is 6 . the reservation price of design b...
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Question:
the reservatio price of design a is
the reservation price of design b is
Suppose, instead of having to test exactly one design as in Q and Q you decided to undertake sequential testing. That is you can test one alternative and then test the second alternative if you need to Which alternative should you test first?
a design a
b design b
Using a decisiontree, find the expected value from testing A and then testing B if needed
Using a decisiontree, find the expected value from testing B and then testing A if needed
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