Question: The construction manager for ABC Construction must decide whether to build single family homes, apartments, or condominiums. He estimates annual profits (in $000 ) will

The construction manager for ABC Construction

The construction manager for ABC Construction must decide whether to build single family homes, apartments, or condominiums. He estimates annual profits (in $000 ) will vary with the population trend as follows: If he uses the maximum likelihood criterion, which kind of dwellings will he decide to build? Either Apartments or Condos Single Family Condos Apartments

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