Below is a spreadsheet for a situation in which a day trader wants to decide on investing $150 in one of the index funds. Answer the following question(s) using PHStat.
-Below is a spreadsheet for the same situation in which a day trader wants to decide on investing $150 in one of the index funds. 
Using PHStat,what is the Expected Value of Perfect Information (EVPI)?
Definitions:
Fixed Expenses
Costs that do not change in total despite fluctuations in the volume of goods or services produced or sold.
Annual Sales
The total revenue generated from the sale of goods or services in one fiscal year.
Variable Expenses Per Unit
Costs that vary directly with the level of production or sales volume, such as raw materials and direct labor costs per unit.
Fixed Expenses
Costs that do not vary with the level of production or sales, such as rent, insurance, and salaries, providing predictability in budgeting.
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