QUESTION 17 Consider the following decision tree. 1 A B 2 .20 .80 3 .40 .60 $3,000 -$1,000 $2,500 $2,000 $1,800 What is the expected value for the best decision? Round your answer to the nearest whole number.
QUESTION 17 Consider the following decision tree. 1 A B 2 .20 .80 3 .40 .60 $3,000 -$1,000 $2,500 $2,000 $1,800 What is the expected value for the best decision? Round your answer to the nearest whole number.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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![QUESTION 17
Consider the following decision tree.
1
A
B
NY
.20
.80
3
4
.40
.60
$3,000
-$1,000
$2,500
$2,000
$1,800
What is the expected value for the best decision? Round your answer to the nearest whole number.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa7218c29-6431-48be-a4e5-14baddb06d26%2F8e3d7f68-1e2c-4e48-8915-2bee781bbe20%2Fe32fhno_processed.png&w=3840&q=75)
Transcribed Image Text:QUESTION 17
Consider the following decision tree.
1
A
B
NY
.20
.80
3
4
.40
.60
$3,000
-$1,000
$2,500
$2,000
$1,800
What is the expected value for the best decision? Round your answer to the nearest whole number.
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