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What is the EMV for Option 1 in the following decision table? Alternatives P Option 1 Option 2 15,000 16,500 18,500 20,000 17,500 States

What is the EMV for Option 1 in the following decision table? Alternatives P Option 1 Option 2 15,000 16,500

What is the EMV for Option 1 in the following decision table? Alternatives P Option 1 Option 2 15,000 16,500 18,500 20,000 17,500 States of Nature S1 7 15,000 10,000 S2 3 20,000 30,000

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