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Probability: Decision Theory Questions

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I am stuck on the problems that are attached. They are probability and decision theory based questions.

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Solution Summary

The decision theory probability is examined.

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.2x42 .8x48 .2x.22 .8x50 .2x -20 .8x72
8.4 38.4 4.4 40 -4 57.6
46.8 44.4 53.6

1. The maxim in alternative is to build a large facility.
2. The ...

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