Gas Company
A payoff table for an electric company is shown below: 
The following prior probabilities are assigned to the states of nature: P(s1)= 0.3,P(s2)= 0.7.
-{Gas Company Narrative} Calculate the expected monetary value for each act with present information.What decision should be made using the EMV criterion?
Definitions:
Agreeableness
The emotional style of a person that may range from easygoing, friendly, and likable to grumpy, crabby, and unpleasant.
Extraversion
Dimension of personality referring to one’s need to be with other people.
Minnesota Twin Study
A project that examines the influence of genetics versus environment on human development by studying twins reared together and apart.
Identical Twins
Twins that have developed from a single fertilized egg, leading to two individuals with the same genetic makeup.
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