Willy Mutton has three potential bank robberies lined up. His chance of success and the size of the take are given in Table:

Robbery

Chance of Success

Size of Take (in millions of dollars)

1

.60

7

2

.80

6

3

.70

5

These robberies must be attempted in order; if you “pass” on a robbery you may not go on to the next robbery. If Willie is caught, he loses all his money. What strategy maximizes his expected “take”?