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 two dozen T-shirts?
Definitions:
External Forces
Factors outside of an individual's or organization's control that affect their decisions or operations.
Scientific Theories
Thoroughly validated interpretations of particular facets of the natural world, grounded in an evidential base that has been consistently reaffirmed through both empirical observation and experimental procedures.
Well-Founded Predictions
Predictions made based on solid evidence or justified reasoning.
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