For the attached problem, I need help with c, d, and e.
For a) I get Decision B
For b) I get Decision C
The answers for c, d, and e were shown in class to be as follows, but I need to see how they were obtained:
c) Decision A
d) EV(A)= 695 (best)
Please show me how to compute the answers to c, d, and e.
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