tes of nature c. either decision alternatives or states of nature 3. Which of the following is most likely a "state of nature"? a. Number of units of product X which a company stocks as inventory. b. Number of units of product X which are demanded by the customers in the next week. c. Number of units of product X to be produced in the next week. 4. What is the correct interpretation of "expected value of perfect information EYP*