The owner of a small business is considering three options: buying a computer, leasing a computer, or getting along without a computer. Based on the information obtained from the firm's accountant,...

Extracted text: The owner of a small business is considering three options: buying a computer, leasing a computer, or getting along without a computer. Based on the information obtained from the firm's accountant, the following payoff table (in terms of net profit) was developed: State of Nature State # 1 State # 2 State # 3 Alternative (S1) (S2) (S3) A1 4. A2 7. A3 3 4 6. Based on the probability for each state of nature in the previous question (the probability for S1 to happen equals the probability of S2; the probability for S2 to happen is three times of S3). Which decision alternative should be selected based on the expected payoff? O A3 O A2 O A1 O Can't be computed with the given information