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Based on the payoff table below: Alternatives A B Alternative 1 600 400 Alternative 2 500 410 Alternative 3 550 420 probabilities 0.40 0.60 Expected
Based on the payoff table below:
Alternatives
A
B
Alternative 1
600
400
Alternative 2
500
410
Alternative 3
550
420
probabilities
0.40
0.60
Expected value of perfect information (EVPI) will be:
a. 51
b. 12
c. 351
d. 43
e. 21
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