The Pine Valley Board of Education is trying to determine its multiattribute utility function with respect to the following attributes: Attribute 1 Average score of students on an English achievement...

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The Pine Valley Board of Education is trying to determine its multiattribute utility function with respect to the following attributes:


Attribute 1 Average score of students on an English achievement test


Attribute 2 Average score of students on a mathematics achievement test


The board believes that both attributes range between 70% and 90% correct answers. The board is indifferent between


For any level x2 of attribute 2, the board is also indifferent between


For any level x1 of attribute 1, the board is indifferent between


The board is also indifferent between


Finally, the board is indifferent between


The board must decide which of two instructional techniques should be utilized in the Pine Valley schools. Technique 1 is equivalent to the following lottery:


Technique 2 is equivalent to the following lottery:


Would the board prefer technique 1 or technique 2?



Answered Same DayDec 24, 2021

Answer To: The Pine Valley Board of Education is trying to determine its multiattribute utility function with...

Robert answered on Dec 24 2021
109 Votes
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