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The Construction Manager for Acme Construction, Inc If He Uses the Laplace Criterion, Which Kind of Dwellings

Question 64

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The construction manager for Acme Construction, Inc., must decide whether to build single-family homes, apartments, or condominiums. He estimates annual profits (in $000) will vary with the population trend as follows:  Type  POPULATION TREND  Declining  Stable  Growing  Single Family 2009070 Apartments 7017090 Condos 20100220\begin{array} { | l | l | l | l | } \hline { \text { Type } } & { \text { POPULATION TREND } } \\\hline & \text { Declining } & \text { Stable } & \text { Growing } \\ \hline \text { Single Family } & 200 & 90 & 70 \\\hline \text { Apartments } & 70 & 170 & 90 \\\hline \text { Condos } & - 20 & 100 & 220 \\\hline\end{array} If he uses the Laplace criterion, which kind of dwellings will he decide to build?


A) single family
B) apartments
C) condos
D) either single family or apartments
E) either apartments or condos

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