Project 3% 3.50% 4% 4.50% 5% 5.50% 6% A 77.08 73.49 70.15 67.02 64.11 61.38 58.82...

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Project 3% 3.50% 4% 4.50% 5% 5.50% 6% A 77.08 73.49 70.15 67.02 64.11 61.38 58.82...

Project	3%	3.50%	4%	4.50%	5%	5.50%	6%
A	77.08	73.49	70.15	67.02	64.11	61.38	58.82
B	78.81	74.2	69.98	66.12	62.57	59.31	56.31
C	81.56	76.28	71.49	67.16	63.21	59.62	56.34
D	78.36	74.17	70.3	66.73	63.42	60.36	57.53
E	77.26	74.28	65.98	61.27	57.07	53.32	49.96
Probability	0.05	0.15	0.2	0.25	0.15	0.1	0.1

Calculate and explain the expected present value of each project. Which project maximizes the expected value? Would you choose to proceed with this one? Calculate the maximin and the maximax criteria. Calculate the minimax regret criterion. When would this criterion be applied? What is the expected value of perfect information and what it describes? Show your calculations

math Statistics-And-Probability

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