Video Tech is considering marketing one of two new video games for the coming holiday season: Battle Pacific or Space Pirates. Estimated profits (in thousands of dollars) under high, medium, and low demand are as follows. Demand for service Service High Moderate Low Battle Pacific 1100 800 450 Space Pirates 800 400 650 The probabilities for the demand levels are P(High) = 0.5, P(Moderate) = 0.2, and P(Low) = 0.3, respectively.Question 31 0.5 / 0.5 pts What is the expected value of the recommended decision (in thousands of dollars)? 'tor | Question 32 0/0.5pts What is the expected value of perfect information {EVPI} for the Video Tech company (in thousands of dollars)? L Correct Answer . &0 You Answered &75 Question 30 0.5 / 0.5 pts Using the expected value approach, what is the recommended decision for the Video Tech company? O Offering both games Correct! O Offering Battle Pacific O Offering Space Pirates O Offering low demand