Figure 12-3
The Lee Company must choose between two mutually exclusive alternatives. With alternative 1 an inferior product will be marketed that is best suited to low levels of demand whereas alternative 2 is a superior product that is best suited to high levels of demand. There are only two possible levels of demand - high and low and the probabilities of each event occurring is 0.5. The predicted profits for each alterative are: 
-Refer to Figure 12-3. Using the data above relating to the Lee Company, which alternative should be selected using the maximin criterion?
Definitions:
Fine Needle Aspiration
A medical procedure involving the extraction of cells or fluids from a tumor or mass using a thin, hollow needle for diagnostic purposes.
Cytology Studies
The examination of cells from the body under a microscope to detect abnormalities and diagnose conditions like cancer.
Core Needle Biopsy
A medical procedure that involves removing a small cylinder of tissue using a hollow core needle to test for diseases or conditions.
BRCA 1 Mutation
A genetic mutation associated with a significantly increased risk of breast and ovarian cancers.
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