EVSI Assignment This problem is a continuation of the previous two problems (EVPI and Bayes' Rule). The tree below illustrates this problem: you are trying to decide whether to plant an oak tree or a maple tree in your front yard. The oak will grow better in wet weather and the maple better in dry weather, although either will survive in your climate. The payoffs are the height of the tree at full growth for each tree and each type of weather. In= Predict IAng-termDronght Use the probabilities from the Bayes' tables (above) to calculate the EVSI Re-draw the subtrees and answer the following questions, showing all the calculations for each circle: 1) What is the expected value if the professor forecasts long-term rain and which decision alternative is chosen? 2) What is the expected value if the professor forecasts a long-term drought and which decision alternative is chosen? 3) What is the Expected Value of Sample Information (EVSI)? 4) Is the information from the professor worthwhile and why or why not