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If Messi Farms chooses to plant corn, the net return is $ 5 0 , 0 0 0 with good weather, $ 3 0 ,
If Messi Farms chooses to plant corn, the net return is $ with good weather, $ with average weather, and only $ with poor weather. If Messi Farms chooses to plant sorghum, the net return is $ with good weather, $ with average weather, and $ with poor weather. If Messi Farms chooses to plant alfalfa, the net return is $ with good weather, $ with average weather, and $ with poor weather. Probability of good weather is percent, average weather is percent, and poor weather is percent.
a points What is the expected net return for corn? Show your work!
b points What is the expected net return for sorghum? Show your work!
c points What is the expected net return for alfalfa? Show your work!
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