demand; $(2)$ stable demand; and $(3)$ decreasing demand. The business believes that the probability for increasing, stable and decreasing product demand are $0\mathrm{.}4,0\mathrm{.}5,$ and $0\mathrm{.}1,$ respectively. The following payoff table describes the decision situation.

States of Nature

$\backslash$table$[[$Decision$,$Increasing Demand $(0\mathrm{.}4),$Stable Demand $(0\mathrm{.}5),$Decreasing Demand$],[$Large Investment,$$1,000,000,$$$400,000,-$$$600,000$