Question: A decision tree analysis shows an alternative that has 2 branches. Branch A shows that a profit of $50K can be made with a 80%

A decision tree analysis shows an alternative that has 2 branches. Branch A shows that a profit of $50K can be made with a 80% probability. The Branch B shows that a profit of $70K can be made with a 20% probability. What is the expected monetary value of the profit of the alternative?

A.

$54K
B.

$50K
C.

$120K
D.

$14K
E.

$40K

A decision tree analysis shows an alternative

QUESTION 14 A decision tree analysis shows an alternative that has 2 branches. Branch A shows that a profit of $50K can be made with a 80% probability. The Branch B shows that a profit of $70K can be made with a 20% probability. What is the expected monetary value of the profit of the alternative? A. $54K B. $50K C. $120K D. $14K E. $40K

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