Based on the decision tree diagram below? The risky bidder quoted $110,000 while the reliable bidder quoted $140,000 to do the same job. What will be your decision after calculating the EMV? Contractor Decision Available Contractors Chance of being Late Path Value Three months late 50% $300,000 Low bidder but risky $110,000 On-time completion 50% $150,000 Which contractor to use? One month late 10% $200,000 High bidder but reliable $140,000 On-time completion 90% $150,000 Award job to low bidder because he quoted $30,000 less than the reliable bidder Award job to reliable bidder because of EMV cost of $155,000 Award job to low bidder because of EMV cost of $335,000 Award job to reliable bidder because of EMV cost of $295,000 Saved Question 2 (8 points)