1. what is the expected vale at node 2 2. what is the expected value at node 4 3. what is the expected value at node 5 4. what is the expected value at node 3 5. using the expected value approach what is your recommended decision.

Video Tech is considering marketing one of two new video games for the coming holiday season: Battle Pacific or Space Pirates. Battle Pacific is a unique game and appears to have no competition. Video Tech is optimistic about its Space Pirates game. However, the concern is that profitability will be affected by a competitor's introduction of a video game viewed as similar to Space Pirates. Estimated profits (in thousands of dollars) are given at the ending branches of the decision tree. Battle Pacific Space Pirates High 0.2 Medium Low 0.3 With Competition Without Competition F High Medium Low 0.3 High Medium Low 1000 -- 700 300 800 400 H 200 H 1600