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lulalu lulalu
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5 years ago
A business owner is trying to decide whether to buy, rent, or lease office space and has constructed the following payoff table based on whether business is brisk or slow.




If the probability of brisk business is .40 and for slow business is .60, the expected value of perfect information is:

• 12.

• 55.

• 57.

• 69.
Textbook 
Introduction to Management Science

Introduction to Management Science


Edition: 13th
Author:
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PaizPaiz
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5 years ago
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lulalu Author
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5 years ago
You make an excellent tutor!
bbbbbbbh
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Yesterday
Thanks
Katey_maree
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2 hours ago
Smart ... Thanks!
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