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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.:- M91003628

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