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jay123 jay123
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6 years ago
The EMV of a decision with three states of nature is 50. If the profit/value of A is 1/3 of B and B is 1/3 of C, determine the profit from A if all three states of nature are equally likely to occur.
 
  What will be an ideal response?
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CologicoonCologicoon
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6 years ago
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jay123 Author
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6 years ago
Thanks
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Thank you, thank you, thank you!
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2 hours ago
Brilliant
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