The following decision table organizes a decision that Sharon Hollis needs to make regarding her home cake business. She has been providing custom cakes for over 6years and it has been very successful. Sharon now needs to decide whether or not to expand her business to accommodate more customers and if she expands,whether to expand with a small or a medium shop. Her decision will be heavily based on whether the demand is high or low for baked goods. Select the correct decisiontree based on the given decision table.AnswerAlternativesSmall shopMedium shopDo not expandHigh DemandDecision TableState of NatureHigh DemandLow Demand100014000Small shopLow DemandMedium shopDo not expandSmall shop- 600- 15000TablesKeypadKeyboard Shortcuts High DemandLow DemandHigh DemandLow DemandMediumshopDo not expandSmall shopDo not expandSmall shopMediumshop1212122Small shopMedium shopDo not expandSmall shopMedium shapDo not expandSmall shopMedium shopDo not expandSmall shopMedium shopDo not expandHigh DemandLow DemandHigh DemandLow DemandHigh DemandLow DemandHigh DemandLow Demand

The square box in the tree is the decision node and the circular box is the chance node.The decision…

Answered: The following decision table organizes…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter1: Expressions And Functions

Section1.5: Descriptive Modeling And Accuracy

Problem 11PPS

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The wedding date for a couple is quickly approaching, and the wedding planner must provide the caterer an estimate of how many people will attend the reception so that the appropriate quantity of food is prepared for the buffet. The following table contains information on the number of RSVP guests for the 145 invitations. Unfortunately, the number of guests does not always correspond to the number of RSVPed guests. Based on her experience, the wedding planner knows it is extremely rare for guests to attend a wedding if they notified that they will not be attending. Therefore, the wedding planner will assume that no one from these 50 invitations will attend. The wedding planner estimates that the each of the 25 guests planning to come solo has a 74% chance of attending alone, a 20% chance of not attending, and a 6% chance of bringing a companion. For each of the 60 RSVPs who plan to bring a companion, there is a 90% chance that they will attend with a companion, a 4% chance of attending…

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