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use the following payoff table to determine the answers to the following question. assume p(s1)...

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Accounting

Use the following payoff table to determine the answers to the following question. Assume P(S1) = 0.10, P(S2) = 0.10, and P(S3) is such that the three probabilities sum to 1. Decision State of Nature S1 S2 S3 Choice 1 $5210 $1260 $2720 Choice 2 $3390 $4040 $1680 Choice 3 $2130 $3840 $4780 Examine the opportunity losses for Choice 2 and identify the greatest opportunity loss. Your

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