Analyze the following decision tree After determining the missing probabilities, identify which alternative (Option 1 or Option 2) has the higher expected payoff What is the expected payoff A) Option 1, with an expected payoff of no less than $35 B) Option 2, with an expected payoff of less than $35 and more than 30 C) Option 1, with an expected payoff of less than $35 D) Option 2, with an expected payoff of less than $35 E) Option 2, with an expected payoff of more than $35 S30 (0 3) $40 2 Option 1 S20 (05) $30 S40 (0 3) 540 Option 2 00 4 31 S20 S30 (04) $50 (0 2 530

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Question: Analyze the following decision tree. After determining the missing probabilities, identify which alternative (Option 1 or Option 2) has the higher expected payoff. What is

Analyze the following decision tree. After determining the missing probabilities, identify which alternative (Option 1 or Option 2) has the higher expected payoff. What is the expected payoff?

Analyze the following decision tree. After

A)	Option 1, with an expected payoff of no less than $35
B)	Option 2, with an expected payoff of less than $35 and more than 30
C)	Option 1, with an expected payoff of less than $35
D)	Option 2, with an expected payoff of less than $35
E)	Option 2, with an expected payoff of more than $35

-S30 (0.3) $40 2 Option 1 -S20 (05) $30 S40 (0.3)-540 Option 2 00.4-31 S20 S30 (04) $50 (0.2_530

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