The following is a payoff table giving profits for various situations. Probability Alternative 1 Alternative 2 Alternative 3 Alternative 4 State 1 State 2 State 3 0.4 0.35 0.25 45 37 83 16 59 23 65 44 33 Select one: O a. 7.6 O b. 9.2 O c. 8.4 O d. 8.8 72 91 55 What is the expected value of perfect information?

The following is a payoff table giving profits for various situations. What is the expected value of perfect information? Select one: a. 7.6 b. 9.2 c. 8.4 d. 8.8