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Suppose Aling Nene has the chance to buy weather forecast such that on the day of the concert it will be 90% sunny and 20%
Suppose Aling Nene has the chance to buy weather forecast such that on the day of the concert it will be 90% sunny and 20% rainy. a. Should she buy the perfect information? Why? b. Draw a decision tree and compute the EV with perfect information. c. What is the EVP
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