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ExistentlAngst ExistentlAngst
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Posts: 633
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6 years ago
What is the EMV for Option 1 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) 15,000
  B) 17,000
  C) 17,500
  D) 18,500
  E) 20,000
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mizunoshiromizunoshiro
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6 years ago
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