Question: Disregard anything in the boxes, but how do you answer the question please? will upvote Remember Bubbly Business Caf from previous homework? They are trying

Disregard anything in the boxes, but how do youDisregard anything in the boxes, but how do youDisregard anything in the boxes, but how do you answer the question please? will upvote

Remember Bubbly Business Caf from previous homework? They are trying to decides should they open a second location, hire more people, or upgrade machines. Depending on UFV increases the tuition or not, they would have different payoffs. There is 25% chance that UFV will increase the tuition. The payoff table is as follows. Probability 0.25 0.75 Tuition Tuition Increase Same $7 Open 2nd location Hire more people Upgrade machines -$5 $3 $1 $0 $4 Seeing how the Bubbly Business Caf was struggling to make a decision, a BUS 404 student, Dwite Shroot, offered to help if the Bubbly Business Caf would endorse him for "consulting skills" on Linke(Dundler Miffl)in. Dwite knows that a majority of the Bubble Business Caf's customers are international students whose finances depend on the strength of the Canadian dollar. Dwite will be able to provide the Bubbly Business Caf with forecasts about whether the Canadian dollar will appreciate (A$) or depreciate (D$), and since Dwite is a great salesman and forecaster, he has provided the Bubbly Business Caf some additional information on the accuracy of his forecasts: When UFV increases (Inc) its tuition, Dwite would have forecasted that the Canadian dollar depreciates 80% of the time. When UFV keeps tuition the same, Dwite would have forecasted that the Canadian dollar appreciates 60% of the time. o P(Same | A$) = P(Same) * P(A$ n Same) v / P(A$)

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