Question: (b) Construct a payoff table. (Round your answer to the nearest whole number) b) Annual Miles Driven Dealer la,mu B Deal Dealer [ Select ]

(b) Construct a payoff table. (Round your answer(b) Construct a payoff table. (Round your answer
(b) Construct a payoff table. (Round your answer to the nearest whole number) b) Annual Miles Driven Dealer la,mu B Deal Dealer [ Select ] c $11,520 $11,520 Case 2 - Amy Lloyd Amy Lloyd is interested in leasing a new car and has contacted three automobile dealers for pricing information. Each dealer offered Amy a closed-end 36-month lease with no down payment due at the time of signing. Each lease includes a monthly charge and a mileage allowance. Additional miles receive a surcharge on a per-mile basis. The monthly lease cost, the mileage allowance, and the cost for additional miles follow: Monthly Mileage Allowance | Additional Mile $305 45,000 $0.20 Amy decided to choose the lease option that will minimize her total 36-month cost. The difficulty is that Amy is not sure how many miles she will drive over the next three years. For purposes of this decision, she believes it is reasonable to assume that she will drive 12,000 miles per year, 15,000 miles per year, or 18,000 miles per year. With this assumption, Amy estimated her total costs for the three lease options. For example, she figures that the Dealer A lease will cost her $10,584 if he drives 12,000 miles per year, $11,934 if he drives 15,000 miles per year, or $13,284 if he drives 18,000 miles per year. Question (a) What is the decision, and what is the chance event? The decision is to choose [ Select] |.There are [Select] . The chance event is [ Select] .There are [ Select] possible outcomes. (b) Construct a payoff table. (Round your answer to the nearest whole number)

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