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following profits have been determined. CWD is willing to pay $50 for additional

ID: 3388845 • Letter: F

Question

following profits have been determined.

CWD is willing to pay $50 for additional   information on the weather

which can be normal or unreasonable.

Decision Alternatives

Moderate,

Heavy, s1

s2

Light, s3

Blade Attachment, d1

3500

1000

-1500

New Snowplow, d2

7000

2000

-9000

Probability

0.4

0.3

0.3

following profits have been determined.

CWD is willing to pay $50 for additional   information on the weather

which can be normal or unreasonable.

Decision Alternatives

Moderate,

Heavy, s1

s2

Light, s3

Blade Attachment, d1

3500

1000

-1500

New Snowplow, d2

7000

2000

-9000

Probability

0.4

0.3

0.3

Explanation / Answer

following profits have been determined. CWD is willing to pay $50 for additional