Question 2 An author is trying to choose between TWO {2) publishing companies that are competing for the marketing rights to her new novel. Company )5: offered the author RM 10,000 plus RM 2 per book sold. Company Y offered the author RM 2,000 plus RM 4 per book sold. The author believes that there are FOUR {4) levels of demand for the book: 1000, 2000, 3000 and 5000 books are sold. If the probabilities of each level of demand are as follows: a) Construct the payoff table for each level of demand for company 345'. and company Y. [10 marks} b} What are the expected monetary value (Em?) and expected opportunity loss (BBL)? Hence determine the best decision that this author should do. (15 marks} [Total: 25 Marks]