Do DMUR ONLY! PRACTICE 3 DMUR only Hudson Realty is considering a boost in advertising in order to reduce a large inventory of unsold houses. The management plans to make its media decision using the following data on the expected success of newspaper versus pamphlet promotions. Each promotion strategy requires the sane amount of capital: ALTERNATIVES: EVENTS NET PROFITS: PROBABILITIE: au Newspaper ei ez 3000 7000 13 -50 e3 11000 a: Pamphlet ei e2 5000 7000 2 .50 e3 9000 3 1. Construct a decision tree and show which promotion alternative you would chose by using the expected value method ? 2. Calculate the coefficient of variation of each alternative, and determine which one should be chosen accordingly? 3. Use the Z-table, and show the likelihood that Alterativel as well as Alternative 2 will yield a net profit between S6000 and 9000. DMUR: Results Xbar Sigma COV Normal Dist. % A B C Be Sure To Support Your Answers (Give Reasons! Use the table provided above for a RECAP of your results. The table has extra rows You will need them for practice #5. Be sure to show your work, state a clear conclusion in each step and always support your answers