Question: 2. A decision tree is provided. a) Calculate Expected value (EV) at every node. Show work b) What is the optimum decision and EV? c)

2. A decision tree is provided. a) Calculate Expected value (EV)

2. A decision tree is provided. a) Calculate Expected value (EV) at every node. Show work b) What is the optimum decision and EV? c) If your risk tolerance is $0, what is the best decision and EV

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