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mimo92 mimo92
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6 years ago
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
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shelbydickersonshelbydickerson
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#1
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6 years ago
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mimo92 Author
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#2
6 years ago
A plus for you my friend
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