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Mathematics, 25.07.2020 20:01 ethanyayger

Consider the decision tree be constructed for IDEA in Session 1 of week 4. Assume that all of the data used in the example remain the same except for the probability of the market remaining weak or strong. Suppose that, instead of a 0.5 chance that the market is strong, the probability that the market is strong is now 0.6. Given the probability that the market is strong is 0.6, what is IDEAs maximax decision

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Consider the decision tree be constructed for IDEA in Session 1 of week 4. Assume that all of the da...
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