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The following payoff table shows profits for a decision analysis problem with three decision alternatives and three states of nature together with probability assessments: Decision
The following payoff table shows profits for a decision analysis problem with three decision alternatives and three states of nature together with probability assessments:
Decision Alternative
State of Nature
s1
s2
s3
d1
48
38
33
d2
38
53
18
d3
28
23
43
P(si)
0.2
0.1
0.7
Calculate the Expected Value of Perfect Information (EVPI).Correct the final answer to an integer.
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