A contractor must decide whether to construct a four, eight, or ten story building The annual profit estimates will change depending on the population trend as follows Stories Declining trend Stable trend Four 100,000 45,000 Eight 80,000 120,000 Ten 10,000 150,000 The contractor estimates a 20 chance of a declining trend What should the contractor do

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Question: A contractor must decide whether to construct a four, eight, or ten-story building. The annual profit estimates will change depending on the population trend as

A contractor must decide whether to construct a four, eight, or ten-story building. The annual profit estimates will change depending on the population trend as follows:

Stories	Declining trend	Stable trend
Four	100,000	45,000
Eight	80,000	120,000
Ten	-10,000	150,000

The contractor estimates a 20% chance of a declining trend. What should the contractor do?

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