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Below you are given a profit payoff table involving three decision alternatives and three states of nature. The probability of occurrence of s1 is .1 and the probability of occurrence of s2 is .3.
The expected value of the best alternative is
Rapid Erosion
The quick removal of soil and rock from the Earth's surface by natural processes like flowing water or wind.
Cliff
A steep face of rock and soil, often formed by erosional processes along coastlines, riverbanks, or in mountainous regions.
Delta
A nearly flat tract of land formed by deposition of sediment at the mouth of a river or stream.
Seafloor
Oceanic bedrock covered by marine sediments, featuring underwater landforms such as valleys, volcanoes, and ridges.
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