Note: There is no universally correct answer to this question. You are required to assess a subjective CDF for your score in the decision analysis course. Thus, answers will vary considerably, depending on personal assessments. You can construct the CDF based on the quantiles, then use the discrete approximation method to replace the continuous distribution) 8.11. Should you drop your decision-analysis course? Suppose you faced the following problem: If you drop the course, the anticipated salary in your best job offer will depend on your current GPA: Anticipated Salary | Drop = ($4,000 Current GPA) + $16,000 If you take the course, the anticipated salary in your best job offer will depend on both your current GPA and your overall score (on a scale of 0 to 100) in the course: Anticipated Salary Do Not Drop 0.6($4,000 x Current GPA) + 0.4($170 x Course Score) + $16,000 The problem is that you do not know how well you will do in the course. You can, however, assess a distribution for your score. Assum- ing that 90-100 is an A, 8089 is a B, 70-79 a C, 60-69 a D, and 059 an F, assess a continuous probability distribution for your numerical score in the course. Use that distribution to decide whether or not to drop the course. Figure 8.21 shows your decision tree. FIGURE 8.21 Decision tree for Question 8.11. Should you drop your decision- analysis course? Score in Course Take Course Anticipated Salary = 0.6 ($4,000 X GPA) +0.4 ($170 x Score) +$ 16,000 Drop Course Anticipated Salary = ($4,000 X GPA) + $16.000 Cengage Learning