Question: Construct a decision table based on a real scenario Rank and value each outcome in your decision table Would you like to purchase our protection

Construct a decision table based on a real scenario Rank and value each outcome in your decision table

Would you like to purchase our protection plan?

The protection plan for the computer will replace your computer with no questions asked for any defects, accidents, and other issues for 3 years after your original purchase date. If you do not buy the protection plan, you will not be covered if anything malfunctions on the device or if you accidentally break the device. If you are not covered by the protection you will need to buy a brand new computer.

1. Using the information provided in the question above, map out a decision table with two alternatives and two states of nature that represents your decision problem with the issue Should I buy the protection plan?

2. Rank all of the outcomes from your matrix based on your preferences. Then, provide values for all of your stated outcomes in an ordinal scale.

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2. Why?

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