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PLS HELP ME ASAP!! NEED ANSWER WILL GIVE THUMBS UP TO WHOEVER ANSWERS! Based on the following payoff table, answer the following: Alternative High Medium
PLS HELP ME ASAP!! NEED ANSWER WILL GIVE THUMBS UP TO WHOEVER ANSWERS!
Based on the following payoff table, answer the following:
Alternative | High | Medium | Low |
A | 20 | 20 | 5 |
B | 25 | 30 | 11 |
C | 30 | 12 | 13 |
D | 10 | 12 | 12 |
E | 50 | 40 | 28 |
Prior Probability | 0.3 | 0.2 | 0.5 |
The expected value of perfect information is:
a. 0
B.19
C. 10.5
D. -28
E. 23
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