A market research survey is available for $10,000.Using a decision tree analysis,it is found that the expected monetary value with the survey is $75,000.The expected monetary value with no survey is $62,000.What is the expected value of sample information?
A)-$7,000
B)$3,000
C)$7,000
D)$13,000
E)None of the above

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The Answer of A market research survey is available for $10,000.Using a decision tree analysis,it is found that the expected monetary value with the survey is $75,000.The expected monetary value with no survey is $62,000.What is the expected value of sample information?
A)-$7,000
B)$3,000
C)$7,000
D)$13,000
E)None of the above

A Market Research Survey Is Available for $10,000