Complete the following table with the formula (P1)* (payoff if state 1)+ (P2)* (payoff if state 2),where P1 and P2 are the probabilities of state 1 and 2,respectively. 
Definitions:
Probable Likelihood
A term indicating a high chance of occurrence or expectation that an event will happen.
Liability Estimation
The process of assessing the potential liabilities or debts that a business may incur in the future.
Estimable Liability
A financial obligation or debt that can be accurately estimated and measured for accounting and reporting purposes.
Probable Likelihood
The significant chance or high probability that an event will occur, often used in risk assessment.
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