Question
A young man plans to propose marriage to one of his three girl friends. All the 3 girls are equally pretty and working. For practicality,
A young man plans to propose marriage to one of his three girl friends. All the 3 girls are equally pretty and working. For practicality, he decides to use the qualities and income of each girl to determine the right decision Girl A earns P3.000 a month and has 60% chance of becoming a good housewife. Girl B earn: P2,500 a month and has 85% chance to be a good housewife. Girl C earn: P5.000 a month and has a 30% chance of becoming a good housewife. Based on EV, which girl should he choose? Explain
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To determine the expected value EV you can calcula...
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
