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Refer to #9c at the end of chapter 4 on p. 143, but use this information instead: Strong Weak Full price $840 -$360 Discount $620
Refer to #9c at the end of chapter 4 on p. 143, but use this information instead: Strong Weak Full price $840 -$360 Discount $620 $280 p(strong) = 0.6 and p(weak) = 0.4. Using the expected value approach, what is the optimal decision? Refer to #9c at the end of chapter 4 on p. 143, but use this information instead: Strong Weak Full price $840 -$360 Discount $620 $280 p(strong) = 0.6 and p(weak) = 0.4. Using the expected value approach, what is the optimal decision? Discount service Full price service
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