Multiple Choice
The national sales manager for "I colored this" (ICT) T-shirts provides all salespersons with the payoff table shown next, giving the estimated profit when a retailer purchases from one to four dozen T-shirts. The probability of demand for each state of nature is also shown. 
What is the expected payoff for purchasing one dozen T-shirts?
A) 0
B) 72
C) 120
D) 168
Correct Answer:
Verified
Correct Answer:
Verified
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