Mopedin’ Marvin is arguing with his mom about buying a $150, 150 light for his moped. His mom wants him to be safe, but Marvin thinks that lights are too expensive.
Based on traffic data, Marvin makes the table below which shows the time, probability, and cost of three different types of accidents if Marvin doesn’t have the light.
If Marvin purchases the light, it will not matter in the morning or at dusk, but it will prevent a night accident from occurring. Assume that Marvin can get in at most one accident and that Marvin's table is accurate.