Given the following data; Pex=.2, Pavg=.5, Ppoor=.3. For the crops Corn Ex=900, Avg=800, Poor=400; B
Question: Given the following data; Pex=.2, Pavg=.5, Ppoor=.3. For the crops Corn Ex=900, Avg=800, Poor=400; Beans Ex=700, Avg=600, Poor=500; Peas Ex=600, Avg=500, Poor-450. Develop the table and solve for expected value, maximin and maximax.
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Deliverables: Word Document
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