Refer to the Following:
the Following Payoff Matrix Shows the Profit

question 53

Multiple Choice

Refer to the following:
The following payoff matrix shows the profit outcomes for three projects, A, B, and C, for each of two possible product prices. There is a 60% probability the price will be $10 and a 40% probability the price will be $20.
$\begin{array}{l}\text { Profit }\\\begin{array}{l|c|c|}\hline \text { Project }&P=\$ 10 & P=\$ 20 \\\hline A&20 & 80 \\\hline B&40 & 60 \\\hline C&-26 & 140 \\\hline\end{array}\end{array}$
-Using the maximum expected value rule a decision maker would choose

• A) A.
• B) B.
• C) C.
• D) impossible to tell from the information

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Definitions:

21st Pair

Refers to the 21st pair of chromosomes in humans, where abnormalities can lead to conditions like Down syndrome.

Down Syndrome

A genetic disorder caused by the presence of all or part of an extra 21st chromosome, characterized by distinct physical features and varying degrees of cognitive impairment.

Chromosomes

Filamentous entities found within the nucleus of both animal and plant cells, composed of protein and a single DNA molecule, responsible for transferring genetic data.

Turner Syndrome

A genetic disorder affecting females, characterized by the partial or complete absence of one of the X chromosomes.