Consider the following decision table, which Bob White has developed for GoSlow Enterprises.
|
Decision
|
Probability
|
0.2
|
0.5
|
0.3
|
|
Alternatives
|
Low
|
Medium
|
High
|
|
A
|
$50
|
$100
|
$60
|
|
B
|
$65
|
$60
|
$70
|
|
C
|
$90
|
$70
|
$80
|
|
D
|
$90
|
$75
|
$70
|
|
E
|
$75
|
$65
|
$80
|
Which decision alternative maximizes the expected value of the payoff?show all work