STATE OF NATURES

ALTERNATIVES A

B

C

Alternative $1,120,140,120$

Alternative $2,200,100,50$

$\backslash$table$[[$Alternative $3,100,120,180]]$

Do Nothing $0,0,0$

$\backslash$table$[[$Probability$,0\mathrm{.}3,0\mathrm{.}5,0\mathrm{.}2]]$

Solve the Question # $1$ to $5$ based on above payoff $($profit$)$ table:

If a person were to use the expected monetary value criterion $($EMV$),$ what decis