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The following profit payoff table was presented in Problem 1. Suppose that the decision maker obtained the probability assessments P(s1)=0.65,P(s2)=0.15, and P(s3)=0.20. Use the expected

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The following profit payoff table was presented in Problem 1. Suppose that the decision maker obtained the probability assessments P(s1)=0.65,P(s2)=0.15, and P(s3)=0.20. Use the expected value approach to determine the optimal decision

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