- 5. Rose is considering two cars: (1) is from a car dealership whom she trusts, and (2) is owned by Joe, who bought the car a few years ago from someone else. The cars are equivalent to Rose. The price of the first car is $10,000, but Joe is offering to sell his car for only $9,000. Rose is sure that the first car is in good shape and will not require any major repairs. She is unsure about Joe's car, however. She estimates that there is a probability of 25\% that Joe's car has structural damage that will require major repairs costing another $3,000. She can buy a CARFAX vehicle history report that can help confirm her concerns. Thus, it is perfect information. - Draw the decision tree for Rose with perfect information; - What is the expected value of the perfect information in the vehicle history report to Rose