bwBASIC/BP100/CONDPROF.OUT

         CONDITIONAL PROFIT TABLE

THIS PROGRAM ASSUMES THERE ARE FROM 1 TO 6 STATES OF NATURE.
THERE ARE ALSO FROM 1 TO 6 POSSIBLE ACTIONS WE CAN TAKE. IF THE
STATE OF NATURE(S OF N) IS KNOWN THEN EACH ACTION LEADS TO
A KNOWN MONETARY RESULT. THIS RESULT IS A CONDITIONAL PROFIT.
FOR EXAMPLE, IF ACTION 3 LEADS TO A $35 PAYOFF WHEN STATE OF
NATURE 4 IS TRUE THEN 35 IS THE CONDITIONAL PROFIT OF ACTION
3 GIVEN STATE OF NATURE 4. THE FOLLOWING PROGRAM CONSTRUCTS
A MATRIX WITH ELEMENTS BEING THE CONDITIONAL PROFITS.
IN ADDITION THE PROBABILITY OF EACH S OF N IS ENTERED AND
THE EXPECTED VALUE OF EACH ACTION IS COMPUTED.

PRESS ENTER TO BEGIN? 
ENTER NUMBER OF POSSIBLE STATES OF NATURE? 2

ENTER PROBABILITY OF S OF N 1 ? 0.33
ENTER PROBABILITY OF S OF N 2 ? 0.67


ENTER NUMBER OF POSSIBLE ACTIONS(<=5)? 2
NO PAYOFF MORE THAN 9999.99


ACTION 1 
    PAYOFF WHEN S OF N IS 1 ? 234.56
    PAYOFF WHEN S OF N IS 2 ? 543.21

ACTION 2 
    PAYOFF WHEN S OF N IS 1 ? 831.74
    PAYOFF WHEN S OF N IS 2 ? 987.65
COMPUTING

IS LINE PRINTER OUTPUT DESIRED(Y/N)? Y
 CONDITIONAL PAYOFFS OF ACTION GIVEN S OF N 

S N  PR                  ACTION
         ACTION 1 ACTION 2
 1  0.33   234.56   831.74
 2  0.67   543.21   987.65

EXP VAL.   441.36   936.20