Kate is looking for a best mobile plan. A popular mobile provider has the following six plans: Plans Monthly Cost ($) Monthly Talk Time (mins) Monthly Data Limit (GB) Additional cost ($) per minute talk time Additional cost($) per MB data Viking 30 300 30 0.3 0.05 Crown 40 600 90 0.3 0.05 Heist 60 1000 180 0.3 0.05 Blacklist 80 Unlimited 300 - 0.04 Thrones 90 Unlimited 480 - 0.04 Chemist 100 Unlimited Unlimited - - For daily mobile usage, Kate expects the following chance events: Scenario Daily Talk Time Daily Data usage 1 12 mins 1GB 2 25 mins 1GB 3 15 mins 3GB 4 35 mins 4GB 5 35 mins 10GB 6 40 mins 6GB 7 60 mins 3 GB 8 60 mins 12 GB Considering a month of 30 days, Kate want to minimize her monthly mobile bill. You need to develop payoff table for answering the following questions: 6. In the optimistic approach, which mobile plan will be selected by kate? 7. In the conservative approach, which mobile plan will be selected by kate? 8. Using the following probability table, Scenario Probability 1 0.1 2 0.2 3 0.3 4 0.1 5 0.1 6 0.05 7 0.1 8 0.05 , in the expected value approach Kate want to minimize her monthly mobile bill, which mobile plan will be selected by kate? 9. Using the following probability table, Scenario Probability 1 0.1 2 0.2 3 0.3 4 0.1 5 0.1 6 0.05 7 0.1 8 0.05 , in the expected value approach Kate want to minimize her expected monthly mobile bill, what will be expected value of perfect information? 10. Using the following probability table, Scenario Probability 1 0.05 2 0.1 3 0.05 4 0.1 5 0.1 6 0.3 7 0.2 8 0.1 , in the expected value approach Kate want to minimize her expected monthly mobile bill, which mobile plan will be selected by kate?