What Is the EMV for Option 2 in the Following

question 16

Multiple Choice

What is the EMV for Option 2 in the following decision table?
$$~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~{ \text { States of Nature } } \\\begin{array} { | l | c | c | } \hline \text { Alternatives } & \mathrm { S } _ { 1 } & \mathrm {~S} _ { 2 } \\\hline \mathrm { p } & .3 & .7 \\\hline \text { Option 1 } & 15,000 & 20,000 \\\hline \text { Option 2 } & 10,000 & 30,000 \\\hline\end{array}$$

• A) 10,000
• B) 16,000
• C) 20,000
• D) 24,000
• E) 30,000

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Definitions:

Autism

A developmental disorder characterized by difficulties with social interaction and communication, and by restricted or repetitive patterns of thought and behavior.

Temperament

Temperament refers to an individual's inherent personality traits, including mood, energy levels, and emotional reactivity, which are evident from early life and largely biologically based.

Irregular Sleeping

Patterns of sleep that are not consistent, such as varying bedtimes and wake times, leading to potential disruptions in sleep quality.

Slow-to-Warm-Up

Describes individuals, typically children, who are cautious and less active in new situations but become more comfortable over time.