A contractor has the opportunity to choose between building a house or doing two extension works in the next 6 months. If you build the house and sell it, you can make $25,000. However, if the housing market is affected by the increase in mortgage interest rates and would lose $5,000. On the other hand, you can earn $17,000 by performing both expansion jobs, regardless of market behavior. Based on excel QM which matrix would you deal with? a) Develop a payment matrix for this problem b) What alternative should be chosen if the contractor is an optimist? c) What alternative should be chosen if the contractor is a pessimist? *Add screen printing of your results, generated in QM

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