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A local real estate investor in Orlando is considering five alternative investments: a day spa, a theater, a restaurant, a motel, or a gift shop. Profits from the day spa, theater, gift shop or restaurant will be affected by the cost of gasoline; profits from the restaurant will be relatively stable under any condition.


Investment Decisions

Increase
.30

Stable
.60

Decrease
.10

Day Spa

$-3,000

$14,000

$19,000

Gift Shop

$-8,000

$15,000

$20,000

Motel

$7,000

$8,000

$10,000

Restaurant

$6,000

$6,000

$6,000

Theater

$-6,000

$22,000

$18,000

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91003611

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