Question: Time left 0 : 0 5 : 2 1 A retailer is deciding how many units of a certain product to stock. The historical probability

Time left 0:05:21
A retailer is deciding how many units of a certain product to stock. The historical probability distribution of sales for this product is 0 units, 0.2;1 unit, 0.3;2 units, 0.4, and 3 units, 0.1. The product costs $8 per unit and sells for $25 per unit. What is the conditional value for the decision alternative "Stock 3" and state of nature "Sell 1"?
Select one:
a. $-8 profit
b. $1 profit
C. $25 profit
d.1.4 units
e. $23.80 profit
 Time left 0:05:21 A retailer is deciding how many units of

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