In the following decision tree, all monetary values represent the decision maker's profit.

Select the right answer:

Question

In the following decision tree, all monetary values represent the decision maker's profit. 
  
 Select the right answer:

Answer

Laplace (Expected value) and Pessimistic criteria lead to the same decisions

Answer

None of the other options

Answer

Pessimistic and Optimistic criteria lead to the same decisions

Answer

The expected value of the tree (laplace criterion) is 500€

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