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. 
Suppose that Julie estimates the following probabilities for each level of restaurant popularity. 
The expected payoff or value under uncertainty is 190.
Definitions:
Tablet Computers
Portable computing devices featuring a touch screen as the main input method, designed for ease of use and portability, bridging the gap between laptops and smartphones.
Smartphones
Handheld electronic devices that combine mobile telephone and computing functions, capable of running various applications.
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The software that manages all the hardware and software resources on a computer, providing a base for application programs and acting as an intermediary between the user and the computer hardware.
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A collection of data or information that has a name, called a filename, and is stored on a computer or digital device.
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