Question: Consider Bob's decision problem: Rainy Sunny Cloudy 3 2 Beach 2 2 Park 3 3 X -2 2 Mall Suppose the probability of Sunny is

Consider Bob's decision problem: Rainy Sunny Cloudy 3 2 Beach 2 2 Park 3 3 X -2 2 Mall Suppose the probability of Sunny is 0.25, the probability of Cloudy is 0.25, and the probability of Rainy is 0.5. What is the smallest value of x for which Mall is an expected utility maximiser (that is, Mall is at least the equal-best choice)? Round your answer to one decimal place (e.g. 0.5)

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