BUS 640 Week 1 DQ 2 Decision Making Under Uncertainty

BUS 640 Week 1 DQ 2 Decision Making Under Uncertainty

How would your conclusion change if Mathew purchased a new smart-phone app that could show the status of the highway traffic prior to their drive each morning, thus reducing the probability of them getting into a jam down to only 1day per month (where on this day, the app showed no traffic jam, but a jam developed in the meantime as they were driving along the highway).