Create a sensitivity graph comparing different alternatives

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Question: MedStar Health is expanding into Virginia. The firm must select one location where it can build a clinic to serve patients. The following table lists the expected profits for clinics in three locations and the expected probabilities of the two possible situations: high numbers of patients utilizing the clinic or low numbers of patients utilizing the clinic.

Location High (0.75) Low(0.25)
Alexandria $1,500,000 $600,000
Woodbridge $950,000 $900,000
Leesburg $1,200,000 $200,000

Create a sensitivity graph comparing the different alternatives as the probability of numbers of patients changes.

Reference no: EM131997232

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