Question 2 Answer saved Marked out of 2.00 F Flag question Using the following

Question: Question 2 Answer saved Marked out of 2.00 F Flag question Using the following Cost table, what is the expected value of sample information assuming EV 6 = 120, EV 7= 138, EV 8 = 115, EV 9 = 121, EV 10 = 140, and EV 11 = 119? **Enter the number only. Do not put any words, comma or $ sign** 5₁ 100 d. 300 F 5₁ 400 200 Market Research 100 300 400 200 100 300BUSINESS ANALYTICS
Show transcribed image textAnswer:- According to given data At node 6 and 7 we need to take the highest value as decision at node 3 So out of EV6 = 120 and EV7 = 138 At nod…View the full answerTranscribed image text: Question 2 Answer saved Marked out of 2.00 F Flag question Using the following Cost table, what is the expected value of sample information assuming EV 6 = 120, EV 7= 138, EV 8 = 115, EV 9 = 121, EV 10 = 140, and EV 11 = 119? **Enter the number only. Do not put any words, comma or $ sign** 5₁ 100 d. 300 F 5₁ 400 200 Market Research 100 300 400 200 100 300 400 200 1 No Market Research P(F) = 0.7, P(U) = 0.3 Answer: 118.5 Previous page H U 5 d. d₂ d₁ وگ 5₁ 5₂ 5₁ 5₂ 5₁ 5₂ 5₁ E Ö Next page 15°C ž