Question
A bank teller has to decide whether to resign or not from his present job which pays him a monthly salary of P5,000, and apply
A bank teller has to decide whether to resign or not from his present job which pays him a monthly salary of P5,000, and apply for a job in another bank which offers him a monthly salary of P8,000. The job offer from the other bank has a condition that he will not be considered for the position unless he resigns before taking the qualifying exam. If he passes the qualifying exam, he will be accepted immediately with the monthly salary of P8,000. If he does not pass the exam, he will be jobless. Suppose he should base his decision on the monetary consideration (EV), should he resign or not? *Use DECISION TREE ANALYSIS
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