He pulls from his medical records a file on a recent patient in a very similar situation as Mr. Smith; he intends to use this patient's preference in the preliminary analysis for Mr. Smith's case.
a. According to this information, what is Dr. Adam's best decision?
b. Just as Dr. Adam is thinking about how to improve this decision, Mr. Smith regains consciousness. Mr. Smith, who also considers the five Rules of Actional Thought as his norm for decision making, starts reviewing Dr. Adam's decision process. He agrees with Dr. Adam's ordering and assessments, except that he feels memory is less valuable to him than Dr. Adam supposed. The following is Mr. Smith's modified preference assessment.
What is Mr. Smith's best decision?
c. Suppose Mr. Smith gives the following preference probabilities instead of those above.
where p = 0.05 and q = 0.981. Is the above information sufficient for you to recommend a decision? If so, give your recommendation; if not, explain.
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