Health 4 All centre specialises in the provision of sports/exercise and medical/ dietary advice to clients. The service is provided on a residential basis and clients stay for whatever number of days that suits their needs. Budgeted estimates for the year ending 30 June are as follow

3.1Prepare a summary which shows the Budgeted contribution earned for the year ended 30 June 2022 for each of the nine possible outcomes ( high, most likely, low).

3.2 State the client fee strategy for the year ended 30 June 2022 that will result from the use of each of the following rules: i) Maximax ii) Maximin iii)Minimax regret

Your answer should explain the basis of operation of each rule. Use the information from your answer above 3.1 as reference and show any additional working calculations as necessary.