Question: $ P ( N ) = 0 . 8 P ( U ) = 0 . 2 P ( s 1 | N ) =

$ P(N)=0.8
P(U)=0.2
P(s1|N)=0.35
P(s2|N)=0.30
P(s3|N)=0.35
P(s1|U)=0.62
P(s2|U)=0.31
P(s3|U)=0.07
(a) Construct a decision tree for this problem.
(b) What is the recommended decision if Martin does not wait until September?
blade attachment, d1
new snowplow, d2(b) What is the recommended decision if Martin does not wait until September?
blade attachment, d1
new snowplow, d2$
What is the expected value (in $)?
$
(c)
What is the expected value (in $)of perfect information?
$
(d)
What is Martin's optimal decision strategy if the decision is not made until the September weather is determined?
If the weather is normal, choose the
---Select---
.Ifitis unseasonably cold, choose the
---Select---
.
What is the expected value (in $)of this decision strategy?
$
 $ P(N)=0.8 P(U)=0.2 P(s1|N)=0.35 P(s2|N)=0.30 P(s3|N)=0.35 P(s1|U)=0.62 P(s2|U)=0.31 P(s3|U)=0.07 (a) Construct

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