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 value of perfect information is 70.
Definitions:
Employee Representatives
Individuals elected or selected to represent the interests of workers in discussions with management, often in the context of a union.
Occupational Health
A field of healthcare and safety concerning the physical and mental well-being of employees in the workplace.
Safety
The condition of being protected from or unlikely to cause danger, risk, or injury in a workplace or environment.
British Columbia
A province located on the west coast of Canada, known for its natural beauty and diverse landscapes.
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