In the SciTools example, suppose that we make two changes: all references to $115,000 change to $110,000, and all references to $125,000 change to $130,000. Rework the EMV calculations and the...


In the SciTools example, suppose that we make two changes: all references to $115,000 change to $110,000, and all references to $125,000 change to $130,000. Rework the EMV calculations and the decision tree. What is the best decision and its corresponding EMV?



May 25, 2022
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