For the profit payoff table below, the decision maker will use P(s1) = 0.15, P(s2) = 0.50, and P(s3) = 0.35.
What is the expected value of perfect information?
|
Decision
|
s1
|
s2
|
s3
|
|
d1
|
-5,000
|
1,000
|
10,000
|
|
d2
|
-15,000
|
-2,000
|
40,000
|
-
3000
-
13750
-
6520
-
10750
- 7325