$9\mathrm{.}6$ covers per hour

$144$ covers per hour

$11\mathrm{.}8$ covers per hour

Question $7$

$2$ pts

There are three equally likely states of nature $($High$,$ Medium, and Low demand$).$ If the large factory will post profits of $$100,000,$ $$50,000,$ and $-$$$30,000$ under these states of nature, respectively, what is the EMV of the factory?

$$21,667$

$$28,333$

$$40,000$

$$ $$50,000$

Question $8$

A plant manager wants to know how much she should be willing to pay for perfect market research. Currently, there are two st of nature facing her decision to expand or