<\/p>\n
. A local real estate investor in Orlando is considering three
\nalternative investments; a motel, a
\nrestaurant, or a theater. Profits from the motel or restaurant will be
\naffected by the availability of
\ngasoline and the number of tourists; profits from the theater will be
\nrelatively stable under any
\nconditions. The following payoff table shows the profit or loss that
\ncould result from each
\ninvestment:
\n2. A concessions manager at the Tech versus A&M football game must
\ndecide whether to have the vendors sell sun visors or umbrellas. There
\nis a 35% chance of rain, a 25% chance of overcast skies, and a 40%
\nchance of sunshine, according to the weather forecast in college
\njunction, where the game is to be held. The manager estimates that the
\nfollowing profits will result from each decision, given each set of
\nweather conditions:<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
. A local real estate investor in Orlando is considering three alternative investments; a motel, a restaurant, or a theater. Profits from the motel or restaurant will be affected by the availability of gasoline and the number of tourists; profits from the theater will be relatively stable under any conditions. The following payoff table shows […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_joinchat":[]},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/180122"}],"collection":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/comments?post=180122"}],"version-history":[{"count":0,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/180122\/revisions"}],"wp:attachment":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/media?parent=180122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/categories?post=180122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/tags?post=180122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}