Question: 5. For the below Decision Tree a) Draw the decision strategies. b) Draw the cumulative risk profile for the strategies found in part a. c)
5. For the below Decision Tree a) Draw the decision strategies. b) Draw the cumulative risk profile for the strategies found in part a. c) Determine if there is any deterministic dominance and draw the simplified tree. d) Draw any stochastic dominance condusions for the decision tree in part c fif there no deterministic dominance in part c and hence tree was not simplified then use the original tree)
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