Repeat Exercise 22.25 with the following prior probabilities. P(s 1 ) = .5 P(s 2 ) =
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P(s1) = .5 P(s2) = .4 P(s3) = .1
In exercise 22.25
Given the following payoff table, prior probabilities, and likelihood probabilities, find the expected value of sample information.
Payoff Table
Prior probabilities
Likelihood Probabilities
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