Sporting Goods Store
A payoff table for a clothing store is shown below. 
The following prior probabilities are assigned to the states of nature: P(s1)= 0.2,P(s2)= 0.6,and P(s3)= 0.2.
-{Sporting Goods Store Narrative} Set up the opportunity loss table.
Definitions:
Self-Contradictions
Statements or propositions that are inherently inconsistent with themselves, meaning they cannot both be true in the same context or under the same conditions.
Main Components
The principal or most important parts that make up a system, machine, or composition.
Biconditional
A logical statement combining two conditions where each implies the other; written as "if and only if."
Tautology
A redundant or repetitive statement in which the same thing is said twice in different words.
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