Decision Making: Expected Value for Business and Job
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Questions and Answers

What is the main topic of the assignment?

  • Furniture industry trends
  • Financial analysis
  • Decision-making techniques (correct)
  • Business management

Why did the author decide to open a furniture shop?

  • Because the expected value of the shop is lower than the expected value of the job
  • Because the author has a passion for furniture
  • Because the author wants to work independently
  • Because the expected value of the shop is higher than the expected value of the job (correct)

What is the name of the author's business?

  • The author's business name is not specified (correct)
  • Sara's Furniture
  • Whysel's Furniture Shop
  • Furniture Heaven

What is the author's alternative option to opening a furniture shop?

<p>Getting a job (C)</p> Signup and view all the answers

What decision-making technique is implied in the text?

<p>Decision Tree (D)</p> Signup and view all the answers

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