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The operations manager for a local bus company wants to decide whether he should purchase a small, medium, or large new bus for his company.

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The operations manager for a local bus company wants to decide whether he should purchase a small, medium, or large new bus for his company. He estimates that the annual profits (in $000 ) will vary depending upon whether passenger demand is low, medium, or high, as follows: If he uses the Laplace criterion, which size bus will he decide to purchase? medium large either small or medium either medium or large

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