The expecyed monetary value with no survey is 62000. if the, Ask an Expert

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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?

multiple choice:

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.:- M9446084

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