The construction manager for Acme Construction, Inc. must decide whether to build single family homes, townhouse, or condominium. He estimates annual profits (in thousands of dollars) will vary with population trends as follows: PART A Which of the following statements is FALSE? Select one: a. The values in the table are called expected value. b. We can only make decision under uncertainty given above information. c. Population trends are states of nature is an occurrence or a situation over which the decision maker has little or no control. d. Types of building are alternatives that can be chosen by the manager