Question: Question 12 (2 points) Given the following payoff table and probabilities, what is the expected value of reserving four trucks. Demand (trucks) 1 2 3

Question 12 (2 points) Given the following payoff table and probabilities, what is the expected value of reserving four trucks. Demand (trucks) 1 2 3 4 4 Probability 0.15 0.2 0.35 0.3 4000 4000 4000 4000 1 2 3000 9000 9000 9000 3 -1000 7000 15000 15000 4. -5000 3000 10000 20000 8100 10450 4000 9350 Question 13 (2 points) Given the following payoff table and probabilities, what is the expected value of reserving three trucks. Demand (trucks) 1 2 3 4 Probability 0.15 0.2 0.35 0.3 4000 4000 4000 4000 3000 9000 9000 9000 1 2 3 4 -2000 5000 15000 15000 -4000 4000 12000 20000 10450 8100 10400 4000

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