a. show the decision tree b.

b. Using the following probabilities, what is the optimal decision strategy? P(F) = 0.62 Pisi = 0.55 Pis10) = 0.67 Pisi) = 0.50 PU) = 0.38 Ps2 ) = 0.45 P(320) = 0.33 PS2) = 0.50 Optimal decision strategy: No Market Research. Decision 1 Considered by No Market Research. Decision 2 Market Research. If Favorable, decision 1 and if Unfavorable, decision 1 Market Research. If Favorable, decision 1 and if Unfavorable, decision 2 Market Research. If Favorable, decision 2 and if Unfavorable, decision 1 Market Research. If Favorable, decision 2 and if Unfavorable: decision 2 b. Using the following probabilities, what is the optimal decision strategy? PB) 0.62 Pesi 0.55 Ps1 ) = 0,57 PSD = 0.50 PO = 0.38 P(sz|F) = 0.45 P(s2|0) = 0.33 Optimal decision strategy: No Market Research. Decision 1 Considered by your No Market Research. Decision 2 Market Research. If Favorable decision and of Unfavorable deasion 1 Market Research. If Favorable, decision 1 and if Unfavorable, decision 2 Market Research. If Favorable, decision 2 and if Unfavorable decision Market Research. If Favorable, decision 2 and if Unfavorable, decision 2