What exhibit would you recommend if the zoo wants the most optimistic decision?

Question

What exhibit would you recommend if the zoo wants the most optimistic decision? What exhibit would you recommend if the zoo wants the most conservative decision? What exhibit would you recommend if the zoo is 35% optimistic? What exhibit would you recommend if the zoo is 75% pessimistic? What exhibit would you recommend if zoo personnel thought that each type of spring weather would be equally likely to occur? What exhibit would you recommend if zoo personnel thought that the probability of a wet spring is 25% and the probability of a hot spring is 35%? What is the maximum that the zoo should pay for additional information concerning spring weather conditions? What is the total amount of "worth" in the system, i.e. the total size of the "pie"? What exhibit would you recommend if zoo personnel thought that the probability of a wet spring is 60% and the probability of a hot spring is 20%? Suppose the number of expected visits to the Exotic Snake Exhibit increases to 1000 visitors if there is a Mild Spring. What exhibit would you recommend if the zoo is completely optimistic?

Explanation / Answer

Choose Bigfoot exhibit Choose panda exhibit Choose bigfoot exhibit choose panda exhibit

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