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Question
The highest value for the equally likely criterion is __________; this occurs with alternative __________.
| States of Nature | ||
| Alternatives | S1 | S2 |
| Option 1 | $10,000 | $30,000 |
| Option 2 | $5,000 | $45,000 |
| Option 3 | $-4,000 | $60,000 |
A) $20,000; Option 1
B) $25,000; Option 2
C) $28,000; Option 3
D) $32,000; Option 3
E) $60,000; Option 3
Answer
This answer is hidden. It contains 1 characters.
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