Question: The following data has been collected. Build small has a minimum payoff of ($70) and build large has a minimum payoff of ($40). Using a

The following data has been collected. Build small has a minimum payoff of ($70) and build large has a minimum payoff of ($40). Using a risk profile what is the best decision?

  • Build large
  • Cannot make a decision until probabilities are determined
  • Roll back is required to make a decision
  • Build small

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