A television station would like to decide between extending a current television show for another season or develop a completely new show for that time slot. It will cost $6M to develop the new show.  The new show may be very successful, moderately successful, or not successful with associated advertising revenues of $25M, $15M, or $5M, respectively.  If the station chooses to extend the current show, it will cost $2M.  The extended show may be very successful, moderately successful, or not successful with associated advertising revenues of $15M, $10M, or $5M, respectively.  The probabilities associated with the very successful, moderately successful, and not successful new show are 0.2, 0.5, and 0.3, respectively.  The probabilities associated with very successful, moderately successful, and not successful existing show are 0.3, 0.4, and 0.3, respectively.   Which of the following are true at the television station's decision problem?单项选择题

A

The expected value of the new show decision is $8.5M.

B

The expected value of extending the current show decision is $8.0M.

C

Based on the EMV, the unique best decision to develop the new show.

D

The EMV of the decision tree is $8.0M.

E

Exactly two answers are correct.

F

None of the answers are correct.

登录即可查看完整答案

我们收录了全球超50000道真实原题与详细解析,现在登录,立即获得答案。

类似问题

Decision trees are useful for sequential decision-making under demand uncertainty.

Decision trees are useful for sequential decision-making under demand uncertainty.

Suppose that the decisionmaker takes the personal retreat. For some values of p and q, suppose that the payoff associated with decision H is 258.2 if she senses consolation, and the payoff associated with decision H is 165.8 if she senses desolation. What is the payoff associated with sensing consolation in a decision tree corresponding to the decisionmaker's problem?  (Choose the most correct answer.)

For some value of p, the payoff associated with node F is 4045.16, and the payoff associated with G is -842.99.  What is the optimal decision if the marketing research firm predicts “bad”?

更多留学生实用工具

加入我们，立即解锁 海量真题 与 独家解析，让复习快人一步！