QUESTION Consider the following payoff Table The State of Nature Decision Alternative 0.77 1-0.77- S1 $2 D₁ 3 11 D₂ 4 9 D3 11 5 What is the payoff value for the D₂ under S₂ should be to keep the optimal solution always optimal? Do not writ the sign > or <) (Round your answer to 2 decimal places)

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.3: Geometric Sequences
Problem 81E
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QUESTION
Consider the following payoff Table
The State of Nature
Decision Alternative
0.77
1-0.77-
$1
$2
D₁
3
11
4
9
D₂
D3
11
5
What is the payoff value for the D2 under 52 should be to keep the optimal solution always optimal? Do not writ the
sign > or <)
(Round your answer to 2 decimal places)
Transcribed Image Text:QUESTION Consider the following payoff Table The State of Nature Decision Alternative 0.77 1-0.77- $1 $2 D₁ 3 11 4 9 D₂ D3 11 5 What is the payoff value for the D2 under 52 should be to keep the optimal solution always optimal? Do not writ the sign > or <) (Round your answer to 2 decimal places)
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