Use graphical sensitivity analysis. What is the Expected Value of Decision C when the probability of s2 is 29%? States of Nature (1- P) Decisions1 s2 16 B 13 12 C 16 18 O 12.71 O 12.78 O 11.94 6.06 O 7.60

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Use graphical sensitivity analysis. What is the Expected Value of Decision C when the
probability of s2 is 29%?
States of Nature
(1-
P)
Decisions1
s2
16
B
13
12
2.
16
18
O 12.71
O 12.78
O 11.94
6.06
O 7.60
Transcribed Image Text:Use graphical sensitivity analysis. What is the Expected Value of Decision C when the probability of s2 is 29%? States of Nature (1- P) Decisions1 s2 16 B 13 12 2. 16 18 O 12.71 O 12.78 O 11.94 6.06 O 7.60
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