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Chad's estimate of probability of sale Chad's earnings Chance of not making the sale 75.00% $300 25.00% 66.67% $1,300 33.33% 50.00% $2,400 50.00% it in

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Chad's estimate of probability of sale Chad's earnings Chance of not making the sale 75.00% $300 25.00% 66.67% $1,300 33.33% 50.00% $2,400 50.00% it in order to maximize his profits. If he chooses not to sell the compact car, he has no losses or earnir e luxury car, he is probably guaranteed to get future business from the dealer

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