(i) Kyriakos is a rising senior currently deciding on his next career steps. He has received offers from two companies: a startup that provides a platform for cryptocurrency exchange named Coinbase and a role in the cryptocurrency compliance and regulation team of EY. Kyriakos believes that the potential for growth within each role and relevance for his professional development in the near future depend on whether the federal government cracks down on cryptocurrency exchange platforms. He thinks there is a probability of 0.3 that the federal government will crack down in the next two years, and a probability of 0.7 that it will not.

You know Kyriakos has the following dollar values for the prospects: Prospect Dollar value Coinbase, federal crackdown $65k Coinbase, no federal crackdown $200k EY, federal crackdown $250k EY, no federal crackdown $115k You also know that Kyriakos follows the Delta Property and has the following indifference relationship: 0.75 $400 k $200 k 0.25 $0 k Kyriakos learns of a policy consulting firm that is selling a report on the cryptocurrency regulation environment and draws conclusions on whether there will be a federal crackdown in the next two years. He believes that the report has a sensitivity of 0.8 and a specificity of 0.95. Kyriakos can choose to buy the report before making a decision on his summer internship. Consider the following statements: I. If Kyriakos does not buy the report, then he should take the EY job. II. If Kyriakos buys the report and observes that it predicts no crackdown, then he should take the Coinbase job. III. Kyriakos should purchase the report. How many of the statements must be true? 0 coge