A farmer is considering planting five possible crop mixes. The outcomes depend on the weather (dry, average, or rainy). Assume the three possible weather states have probabilities: dry = 30%, average = 40%, rainy = 30%. Answer the following two questions.

	Dry	Average	Rainy
Mix A	-1	1	8
Mix B	5	-1	5
Mix C	-1	3	4
Mix D	2	2	3
Mix E	3	0	-1

- A. B. C. D. E. F. G. H. I. J.	Which planting decision has the highest expected monetary value?
- A. B. C. D. E. F. G. H. I. J.	What is the expected value of perfect information?

A.	mix A
B.	mix B
C.	mix C
D.	mix D
E.	mix E
F.	2.4
G.	2.5
H.	2.6
I.	2.8
J.	3.0