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E8 1 of Question 21 (1 point) Consider the following payoff table: DA: Decision Alternative. States Decision Alternative Excellent Probabilities 0.2 DA1 3.0 DA2 4.1
E8 1 of Question 21 (1 point) Consider the following payoff table: DA: Decision Alternative. States Decision Alternative Excellent Probabilities 0.2 DA1 3.0 DA2 4.1 DA3 7.7 DA4 -5.8 What is the expected value of DA1. (Please keep 1 decimal for your answer) Good 0.35 8.1 8.3 3.4 6.2 Fair 0.3 2.5 4.3 3.2 5.4 Nature Poor 0.15 1.2 2.1 -6.7 8.6 Your
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