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Below is a payoff table involving three states of nature and three decision alternatives. Decision States...

Below is a payoff table involving three states of nature and three decision alternatives. Decision States of Nature Alternative s1 s2 s3 A –20 10 15 B 16 –5 8 C 15 25 –10 The probability of occurrence of s1 is .2, and the probability of occurrence of s2 is .3. The expected value of alternative C is _____.

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