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Use Graphical Sensitivity Analysis to Determine the Range of Values

Question 64

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Use graphical sensitivity analysis to determine the range of values of the probability of state of nature s1 over which each of the decision alternatives has its largest expected value.  State of Nature  Decision s1s2d1810d2416d3100\begin{array} { c | ccc } && { \text { State of Nature } } \\\text { Decision } & s _ { 1 } && s _ { 2 } \\\hline d _ { 1 } & 8 && 10 \\d _ { 2 } & 4 && 16 \\d _ { 3 } & 10 && 0\end{array}

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EV(d1)and EV(d2)intersect at p = .6.EV(d1)a...

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