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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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