Given the influence Diagram developed in class (shown below), how would you modify it to indicate that the decision maker knows the results of the business outcome before making the decision? - 2212 Paragi BIU Question 2 (1 point) Given the influence Diagram below, also discussed in Lecture 4a/b, make the change necessary to indicate that the decision maker knows the outcome of the uncertainty. What is the resultant Expected Monetary Value (EMV) when you've changed the influence Diagram to show that the decision maker knows the outcome of the uncertainty? 2 Expected Value 3 Std. Deviation 4 Minimum 5 Maximum 3500 2291 287847 0 5000 10 11 12 13 14 15 O $4,950 O $3,925 O $4,160 O $3,500 O $2,395 B D E 3500 2291.287847 0 5000 Business Outcome Investment 1 2 Expected Value 3 Std. Deviation 4 Minimum 5 Maximum 6 7 8 9 10 11 12 Business Decision 13 14 15 Payoff Given the influence Diagram developed in class (shown below), how would you modify it to indicate that the decision maker knows the results of the business outcome before making the decision? B D E 3500 2291.287847 Business Outcome 0 5000 Investment 1 2 Expected Value 3 Std. Deviation 4 Minimum 5 Maximum 6 7 8 9 10 11 12 Business Decision 13 14 15 Payoff Paragrapi V BIU .. E Xl Question 2 (1 point) Given the Influence Diagram below, also discussed in Lecture 4a/b, make the change necessary to indicate that the decision maker knows the outcome of the uncertainty. What is the resultant Expected Monetary Value (EMV) when you've changed the influence Diagram to show that the decision maker knows the outcome of the uncertainty? Given the influence Diagram developed in class (shown below), how would you modify it to indicate that the decision maker knows the results of the business outcome before making the decision? - 2212 Paragi BIU Question 2 (1 point) Given the influence Diagram below, also discussed in Lecture 4a/b, make the change necessary to indicate that the decision maker knows the outcome of the uncertainty. What is the resultant Expected Monetary Value (EMV) when you've changed the influence Diagram to show that the decision maker knows the outcome of the uncertainty? 2 Expected Value 3 Std. Deviation 4 Minimum 5 Maximum 3500 2291 287847 0 5000 10 11 12 13 14 15 O $4,950 O $3,925 O $4,160 O $3,500 O $2,395 B D E 3500 2291.287847 0 5000 Business Outcome Investment 1 2 Expected Value 3 Std. Deviation 4 Minimum 5 Maximum 6 7 8 9 10 11 12 Business Decision 13 14 15 Payoff Given the influence Diagram developed in class (shown below), how would you modify it to indicate that the decision maker knows the results of the business outcome before making the decision? B D E 3500 2291.287847 Business Outcome 0 5000 Investment 1 2 Expected Value 3 Std. Deviation 4 Minimum 5 Maximum 6 7 8 9 10 11 12 Business Decision 13 14 15 Payoff Paragrapi V BIU .. E Xl Question 2 (1 point) Given the Influence Diagram below, also discussed in Lecture 4a/b, make the change necessary to indicate that the decision maker knows the outcome of the uncertainty. What is the resultant Expected Monetary Value (EMV) when you've changed the influence Diagram to show that the decision maker knows the outcome of the uncertainty
