Instruction 17-7
The following payoff table shows profits associated with a set of two alternatives under three possible events.
$\begin{array} { r c c }
\text { Event } & \text { Action A } & \text { Action B } \
\hline 1 & 1000 & 1200 \
2 & 500 & 700 \
3 & 300 & - 200
\end{array}$
-Referring to Instruction 17-7,what is the expected profit under certainty (EPUC)for this problem?

Question

Instruction 17-7
The following payoff table shows profits associated with a set of two alternatives under three possible events.
$\begin{array} { r c c } 
\text { Event } & \text { Action A } & \text { Action B } \
\hline 1 & 1000 & 1200 \
2 & 500 & 700 \
3 & 300 & - 200
\end{array}$
-Referring to Instruction 17-7,what is the expected profit under certainty (EPUC)for this problem?

Quizplus · Accepted Answer

The Answer of Instruction 17-7
The following payoff table shows profits associated with a set of two alternatives under three possible events.
$\begin{array} { r c c } 
\text { Event } & \text { Action A } & \text { Action B } \
\hline 1 & 1000 & 1200 \
2 & 500 & 700 \
3 & 300 & - 200
\end{array}$
-Referring to Instruction 17-7,what is the expected profit under certainty (EPUC)for this problem?

Instruction 17-7 the Following Payoff Table Shows Profits Associated with a Set

Instruction 17-7
the Following Payoff Table Shows Profits Associated with a Set