Question: 7. For the DoorCo Corporation decision in Problem 1, suppose that the probabilities of the three scenarios are estimated to be 0.15, 0.40, and 0.45,

7. For the DoorCo Corporation decision in Problem 1, suppose that the probabilities of the three scenarios are estimated to be 0.15, 0.40, and 0.45, respectively. Find the best expected value decision.

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