please do not copy and paste from someone else. explain and make decision-making tree.

S 100 5 R 300 Based on this decision tree, do you recommend Market research study or not? What is the best decision strategy? Explain. s 400 d. 5. Market 200 Research Assume the payoffs to be the cost, which is desired to be minimized. 100 d DO 52 300 Please show all the calculations and all the steps in reaching the best decision. S 400 9 200 100 PCF) = 0.7 POSLE ) =0.85 P(U) = 0,3 P(S21F) 20:15 Deadline to submit is by Sep 8th at 3:00 pm. p(s, 10) = 0.55 P(s) - 0-6 p(Selu)-0,45 P(S2)=0.4 No Niarket 300 Research To: 400 Typ 200 1 O Type here to search o 11994 21C