Question: A Simple Decision Tree Analysis Suppose you are offered three possible choices of gambling game, A, B, and C. The following table shows different payoffs

A Simple Decision Tree Analysis Suppose you are offered three possible choices of gambling game, A, B, and C. The following table shows different payoffs with their probabilities in the three games. Also, suppose you need to pay a fee of $300,$100, or $200 for playing the game A,B, or C, respectively. You need to decide which game you should choose to play. Question 1 (3 points) 1. Build a decision tree to represent this decision-making problem (Note: see my recommendation in for how to draw a decision tree. Then, use the snipping tool to save the tree built ). Insert the decision tree below. 2. Solve the decision tree built for Problem 1 and decide which game you should choose to play. Insert the solved decision tree below
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