Question: A decision maker has developed the decision tree shown in the following figure. Decision Tree Description A decision tree begins at a decision node from

A decision maker has developed the decision tree shown in the following figure.
Decision Tree
Description
A decision tree begins at a decision node from which two branches extend to the right. The upper branch, labeled N, stops at a value of 45.
The lower branch, labeled P, stops at a chance node from which an upper and lower branch extend to the right. The upper branch, labeled U, stops at the value 70. The lower branch, labeled V, stops at the value 5.
How sensitive is the choice between N and P to the probabilities of states of nature U and V, and which would you choose? (Let p=P(U). Round your answer to four decimal places.)
The decision maker should choose N if is greater than or equal to and less than or equal to
 A decision maker has developed the decision tree shown in the

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