Business, 26.03.2020 18:53 shaviaa

Kirsten is trying to decide where to go for her well-earned vacation. She would like to camp, but if the weather is bad, she will have to go to a motel.
Given the costs and probabilities of bad weather given below, which destination should she choose?

Camping Cost Model Cost Probability of bad weather
Nevada $20 $80 0.2
Oregon $15 $85 0.4
California $30 $95 0.1

a. All 3 of them
b. California
c. None of them
d. Nevada
e. Oregon

Answers: 3

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Kirsten is trying to decide where to go for her well-earned vacation. She would like to camp, but if...

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