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Question
What is the EMV for Option 2 in the following decision table?
| States of Nature | ||
| Alternatives | S1 | S2 |
| p | .3 | .7 |
| Option 1 | 15,000 | 20,000 |
| Option 2 | 10,000 | 30,000 |
A) 10,000
B) 16,000
C) 20,000
D) 24,000
E) 30,000
Answer
This answer is hidden. It contains 1 characters.
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