A young man plans to propose marriage to one of his three girl friends. All the 3 girls are equally pretty and working. For practicality, he decides to use the qualities and income of each girl to determine the right decision Girl A earns P3.000 a month and has 60% chance of becoming a good housewife. Girl B earn: P2,500 a month and has 85% chance to be a good housewife. Girl C earn: P5.000 a month and has a 30% chance of becoming a good housewife. Based on EV, which girl should he choose? Explain

Answer rating: 100% (QA)

To determine the expected value EV you can calcula... View the full answer