The following is a payoff table giving profits for various situations. 
The probabilities for states of nature A, B, and C are 0.3, 0.5, and 0.2, respectively.If a perfect forecast of the future were available, what is the expected value of perfect information (EVPI) ?
Definitions:
Referent Power
A form of influence based on the charisma and interpersonal appeal of the influencer, rather than on formal authority.
Status
The relative social, professional, or other standing of someone or something, often determined by a combination of factors like wealth, authority, and achievement.
Boss
An individual who is in charge of a worker or organization, possessing the authority and responsibility over decision-making and management within the workplace.
Coercive Power
The ability of an individual or group to compel or control actions of others through the threat of punishment or the implementation of sanctions.
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