Julie is planning to open a restaurant and is considering two possible locations.She has estimated the payoff for each location for each of three different possible levels of restaurant popularity (state of nature)as shown below. 
The opportunity loss for Location 2 and Poor restaurant popularity is 800.
Definitions:
Median Behavior
Behavior that falls in the middle of a dataset, representing a central or typical value in a distribution of behaviors.
Religious Teachings
Doctrines or instructions based on religion or spiritual beliefs, which guide followers in their faith and moral conduct.
High Status
A social position that commands a great degree of respect, influence, and authority.
Successful Reproduction
The biological process resulting in the successful production of offspring.
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