Question: Consider Bob's decision problem: begin { tabular } { | c | c | c | c | } hline & Sunny &
Consider Bob's decision problem:
begintabularcccc
hline & Sunny & Cloudy & Rainy
hline Beach & & &
hline Park & & &
hline Mall & & &
hline
endtabular
Suppose the probability of Sunny is the probability of Cloudy is p and the probability of Rainy is mathrmp What the largest value of p for which Mall maximises Bob's expected utility that is Mall is at least the equalbest choice Round your answer to two decimal places eg
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