The national sales manager for "I colored this" (ICT) T-shirts provides all salespersons with the payoff table shown next, giving the estimated profit when a retailer purchases from one to four dozen T-shirts. The probability of demand for each state of nature is also shown. 
What is the expected payoff for purchasing four dozen T-shirts?
Definitions:
Volatile Economic Times
Periods characterized by rapid and unpredictable changes in economic conditions, affecting stability and decision-making.
Maslow's Hierarchy
A psychological theory proposed by Abraham Maslow, organizing human needs into a hierarchy, from basic physiological needs to safety, love/belonging, esteem, and self-actualization needs.
Distress
Negative stress that arises when demands exceed an individual's coping abilities, resulting in psychological strain or anxiety.
High Achievers
Individuals who consistently perform at a high level and achieve significant success in their activities.
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