Wendy was in walmart and noticed a display with baking items collected together and a little pad with recipes to tear off. she looked at the recipe and decided that this would make a nice dessert for , so she purchased the products that were conveniently located on the display. which type of decision making did wendy undertake?
a. automatic decision makingb. limited decision makingc. nominal decision makingd. extended decision makinge. truncated decision making

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value