Question: Please use excel and its functions If p is the probability of Event 1 and (1 p) is the probability of Event 2, for what

Please use excel and its functions

If p is the probability of Event 1 and (1 p) is the probability of Event 2, for what values of p would you choose A? B? C? Values in the table are payoffs.

Choice/Event	Event 1	Event 2
A	0	20
B	4	16
C	8	0

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