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  3. can you also do the decision tree since i its...

Question: can you also do the decision tree since i its...

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Module A Question 1 (Due before 1/31): An entrepreneur wants to evaluate a set of business strategies that have some monetary implication for her business. The table below summarizes the payoffs (or losses) to the business under the four strategy choices (Alternative A, B, C, and D) in the four possible states of nature. The four states of nature represent the four levels of consumer acceptance of the strategies of the business. Based on the data of the table below, answer the questions that are given below: States of Nature 2 52 30 73 -8 58 89 65 68 135 71 210 Alternative A 48 Alternative B40 Alternative C | 68 Alternative D 110 a. Assuming that a maximax strategy is employed, which alternative would be chosen? b. If maximin is to be utilized, which would be chosen? c. If the states of nature are equally likely, which alternative shouldbe chosen?
Module A Question 1 (Due before 1/31): An entrepreneur wants to evaluate a set of business strategies that have some monetary implication for her business. The table below summarizes the payoffs (or losses) to the business under the four strategy choices (Alternative A, B, C, and D) in the four possible states of nature. The four states of nature represent the four levels of consumer acceptance of the strategies of the business. Based on the data of the table below, answer the questions that are given below: States of Nature Alternative A Alternative B Alternative C Alternative D 48 40 68 110 52 30 73 -8 58 89 65 135 4 68 135 71 210 a. Assuming that a maximax strategy is employed, which alternative would be chosen? b. If maximin is to be utilized, which would be chosen? c. If the states of nature are equally likely, which alternative should be chosen? Homework 2 (Due before 1/31): Create a decision tree for the above problem:Can you also do the decision tree since I it’s part of the first problem. Thank you
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