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A market research is available for $10,000. Using a decison tree analysis, it is found that the expecyed monetary value with no survey is $62,000. If the expected value of sample information is -$7,000, what is the expected monetary value with the survey?

a. $45,000

b. $62,000

c. -$17,000

d. $55,000

e. none of the above

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9115800

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