Академический Документы
Профессиональный Документы
Культура Документы
office building, or a warehouse. The future states of nature that will determine the profits
from the three corresponding investments are Good or Poor economic conditions. The
Payoff Table for this decision problem is given below:
DECISION
(purchase)
Apartment Bld.
Office Bld
Warehouse
STATES
Of
GOOD Economic
Conditions
$50,000
$100.000
$30,000
NATURE
POOR Economic
Conditions
$30,000
-$40.000
$10,000