I try 😅

Thank you. I'm glad it helped.

So that I can understand this better

@@abhisheknegi884 Think of this problem as having two choices; Amy can choose a dealership and the expected miles she thinks she will drive in one year. The left column is called the decision alternatives which are the choices of dealerships because that is the primary decision. The top row is called the outcomes which are the expected mileage for a year because that is the secondary decision. When I say primary and secondary decision, I mean Amy needs to choose a car before she should worry about mileage. For this problem, I used one of two equations to fill in the payoff table: If Mileage Allowance ≥ (Expected Mileage)(# of Years) use Expense = (Monthly Cost)(# of Months) or If Mileage Allowance < (Expected Mileage)(# of Years) use Expense = (Monthly Cost)(# of Months) + (Expected Mileage * (# of Years) - Mileage Allowance)(Cost per Additional Miles) Note: Values for the two equations can be found in the video description. Now, I have everything I need to fill in the payoff table. It works like the game Battleship; Pick one choice on the left and one choice on the top, e.g. ... Honda @ 12,000 36,000 (Mileage Allowance) is ≥ 12,000 (Expected Mileage) * 3 (# of Years) Therefore, use this equation: Expense = (Monthly Cost)(# of Months) Expense = ($299)(36 months) = $10,764 Midtown @ 12,000 45,000 (Mileage Allowance) is ≥ 12,000 (Expected Mileage) * 3 (# of Years) Therefore, use this equation: Expense = (Monthly Cost)(# of Months) Expense = ($310)(36 months) = $11,160 Hopkins @ 12,000 54,000 (Mileage Allowance) is ≥12,000 (Expected Mileage) * 3 (# of Years) Therefore, use this equation: Expense = (Monthly Cost)(# of Months) Expense = ($325)(36 months) = $11,700 Honda @ 15,000 36,000 (Mileage Allowance) is < 15,000 (Expected Mileage) * 3 (# of Years) Therefore, use this equation: Expense = (Monthly Cost)(# of Months) + (Expected Mileage * (# of Years) - Mileage Allowance)(Cost per Additional Miles) Expense = ($299)(36 months) + (15,000 * (3 years) - 36,000)($0.15) = $12,114 Midtown @ 15,000 45,000 (Mileage Allowance) is ≥ 15,000 (Expected Mileage) * 3 (# of Years) Therefore, use this equation: Expense = (Monthly Cost)(# of Months) Expense = ($310)(36 months) = $11,160 Hopkins @ 15,000 54,000 (Mileage Allowance) is ≥ 15,000 (Expected Mileage) * 3 (# of Years) Therefore, use this equation: Expense = (Monthly Cost)(# of Months) Expense = ($325)(36 months) = $11,700 Now, try the 18,000 expected mileage column on your own. Check to see if your answers match with those on the video. Let me know if you still have questions about any of that.

@@swensonuniversity1492 thanx mate