Sensitivity Analysis: What is the Expected Value of Decision A? Probability of X1 = 74% Decision ABCD 11.56 13.69 8.42 10.86 13.26 States of Nature P (1-P) X1 X2 4 21 13 14 8 19 10 16

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Sensitivity Analysis:
What is the Expected Value of Decision A?
Probability of X1 = 74%
Decision
A
ABCD
11.56
13.69
8.42
10.86
13.26
States of Nature
P
(1-P)
X1
X2
21
14
19
16
+389
13
10
Transcribed Image Text:Sensitivity Analysis: What is the Expected Value of Decision A? Probability of X1 = 74% Decision A ABCD 11.56 13.69 8.42 10.86 13.26 States of Nature P (1-P) X1 X2 21 14 19 16 +389 13 10
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