The Wildcat Auto Corp. is considering if it should introduce a new vehicle to its 2019 market. There are two possible new vehicles, a luxury sedan…

The Wildcat Auto Corp. is considering if it should introduce a new vehicle to its 2019 market. There are two possible new vehicles, a luxury sedan and a pickup truck, as considered candidates. The company will only consider at most one new vehicle be introduced in 2019. The payoff outcomes depending upon the 2019 automobile market are shown in the following table. The 2019 market is reported to have even chances between being favorable and unfavorable.

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