Consider the following decision table which bob white has, Ask an Expert

Management Studies

Consider the following decision table, which Bob White has developed for GoSlow Enterprises.

Decision	Probability	0.2	0.5	0.3
Alternatives	Low	Medium	High
A	$50	$100	$60
B	$65	$60	$70
C	$90	$70	$80
D	$90	$75	$70
E	$75	$65	$80

Which decision alternative maximizes the expected value of the payoff?show all work

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