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Use graphical sensitivity analysis to determine the range

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Reference no: EM13643654

Use graphical sensitivity analysis to determine the range of values of the probability of state of nature s1 over which each of the decision alternatives has its largest expected value.

State of Nature

Decision

s1

s2

d1

8

10

d2

4

16

d3

10

0

Please give the detail of equations used.

Reference no: EM13643654

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