#16 Regret Table Success Moderate Success Failure Probability 0.3 0.3 0.4 Sell Company 84 50 0...

Question

Question

#16 Regret Table Success Moderate Success Failure Probability 0.3 0.3 0.4 Sell Company 84 50 0 Form Joint Venture 210 0 93 Se

Answer 1

Answer #1

Sol:

EOL TABLE

AS THERE IS REGRET TABLE IS GIVEN IN THE QUESTION, EOL IS CALCULATED AS THE SUM OF MULTIPLICATION OF PROBABILITIES OF CORRESPONDING REGRETS.

EOL DECISION FOR FORM JOINT VENTURE IS 100.2

Answer 2

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