Question

Supposc the prabab es of the states of nature ocurring far thc fallowing data ar sl- .15, s2- .25, s3-3,541, and s5-.20. Usc tha follawing derisian tablr tn camputc the exprcted manatary valuas and to rach a conclusian ahout thc decisian alternatives. State of Nature s2.25 s3^.jcj s4f.IO) F.20) 15 2015 5 75 50 2-520 15 12 10 Decision Alternative Roundl the answer to two decmal places.j The decision maker who usns th EH cnterin will select the dacisian altemativ bacausn t rsuls n the highrst ang run average papatf,

Answer 1

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A5 dSO9 7s 020 0 2 7lo 23