The owner of Tastee Cookies needs to decide whether to lease a small, medium, or large new retail outlet. She estimates that monthly profits will vary with demand for her cookies as follows: 
If she uses the Laplace criterion, what size outlet will she decide to lease?
Definitions:
Prejudice
Preconceived opinion that is not based on reason or actual experience; bias against individuals or groups.
Core Characteristics
Fundamental qualities or features that define and distinguish an entity, concept, or theory.
Cultural Features
Characteristics that define a particular culture, including language, art, customs, traditions, and values.
Demographic Features
Characteristics of a population being studied, including age, sex, ethnicity, income, education, and more.
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