Do the following problems using either TreePlan

1. A student is deciding which scholarships (out of two) to accept. The first scholarship is worth $10,000 but carries the condition that recipients cannot accept another other forms of income (such as other scholarships). The second scholarship is awarded in a competition, where this student has a 50% chance of earning $7,000, a 40% chance of earning $10,000, and a 10% chance of earning $15,000. The student must inform the administrator of the first scholarship whether she will be accepting their offer today.

A. Develop a decision tree to determine which scholarship this student should accept (using our normal decision criteria).

B. Under what circumstance might the student accept the other scholarship?