Power Company
A payoff table for a power company is shown below: 
The following prior probabilities are assigned to the states of nature: P(s1)= 0.3,P(s2)= 0.7.
-{Power Company Narrative} What is the expected value of perfect information?
Definitions:
Exposure Therapy
Counterconditioning technique in which a therapist seeks to treat a client’s fear or anxiety by presenting the feared object or situation with the idea that the person will eventually get used to it.
Client-Centered Therapy
A form of psychotherapy developed by Carl Rogers that emphasizes providing a supportive emotional environment for clients.
Active Listening
A technique of carefully listening and responding to others, focusing fully on the speaker's words, in order to understand the message being conveyed.
Personal Growth
The process of improving oneself through activities that enhance one's talents, awareness, and identity.
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