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Answer the following questions based on the Strategy Region graph given below. When probability of high settlement is 12% and the probability of medium settlement

Answer the following questions based on the Strategy Region graph given below. When probability of high settlement is 12% and the probability of medium settlement is

40%, what is the optimal strategy? When probability of medium settlement is 20%, what is the highest probability of high

settlement so that the Accept strategy to be optimal?image text in transcribed

Strategv Region for Node 'Settle ?' Strategv Region for Node 'Settle

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