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mickey lawson is considering investing some money that he inherited .the following payoff table gives the profits that would be realized during the next year

mickey lawson is considering investing some money that he inherited .the following payoff table gives the profits that would be realized during the next year for each of three investment alternatives mickey is considering alternatives mickey is considering.

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alternatives Mickey Poor Economy (S) Fair Economy (S) Good Economy (S) Decision Alternative Sub 100 Oiler Stock Market Probability 300.000 250.000 75.000 50 180.000 100 000 20.000 010 - 100.000 - 50.000 2.000 0.20

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