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TABLE 19-1 The Following Payoff Table Shows Profits Associated with a Set

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TABLE 19-1
The following payoff table shows profits associated with a set of 3 alternatives under 2 possible states of nature. TABLE 19-1 The following payoff table shows profits associated with a set of 3 alternatives under 2 possible states of nature.   -Referring to Table 19-1, if the probability of S1 is 0.5, what is the optimal alternative using EMV? A)  A1 B)  A2 C)  A3 D)  It cannot be determined.
-Referring to Table 19-1, if the probability of S1 is 0.5, what is the optimal alternative using EMV?


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