Consider the following payoff table: states of nature alternative good bad da1 5 -3 da2 -5 probabilities 4 .6 what is the expected value of perfect information (evpi)? 1) 2 2) 4 3) 6 4) 1

536

step-by-step explanation:

step-by-step explanation:

the ratio of red paint to blue paint is always 9/7. that means that, whatever x's value, (4x+12)/(4x-4) has that same ratio. so, set up an equation and cross-multiply to solve for x:

9/7 = (4x+12)/(4x-4)

9(4x-4) = 7(4x+12)

36x - 36 = 28x + 84

8x - 36 = 84

8x = 120

x = 15

1st part is 64,000,000

2nd part 500,000

step-by-step explanation:

answer:

probably the same as it is today since you did not eat the corn dogs yet

step-by-step explanation: