Question: Exercise 2 : Suppose that you can choose between two business projects: a candy shop or a lemonade stand. The candy shop has 5 0
Exercise : Suppose that you can choose between two business projects: a candy shop or a lemonade stand. The candy shop has chance of success and chance of failure. If the candy shop is a success, you will earn $ but if it is a failure, you will lose $ On the other hand, if you have a lemonade stand, you also have chance of success and chance of failure. If it is a success, you will earn $ and if it is a failure, you will lose $
a Define the components of this problem situation.
b Decide which business project you should choose by drawing a decision tree.
Draw the decision trees for the following exercises.
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