Question: Please help and show the detail work for this question. The XYZ Company has an assembly building, where is more than 100 years old and

Please help and show the detail work for this question.

Please help and show the detail work for this question. The XYZ

The XYZ Company has an assembly building, where is more than 100 years old and judged to reach the end of its life. The probability of collapse ofthe building is 15%. If the building is collapsed before moving all assembly equipment and toolbox, the total loss of damage is uniformly distributed between $30 million and $90 million. The CEO ofthe XYZ Company should make between two decisions. The first decision is repairing and renovating the building that costs $40 million. Even though the building has the renovating, there is still a chance for a collapse of the building. The loss of damage will be uniformly distributed between $10 million and $30 million. The second decision is moving the building to a different location, which costs $50 million, but no chance for a collapse of the building. (Note: disregard the value of time of the money) 1. Draw a decision tree for the CEO's decisions. Please use the bracket median method OR the extended Pearson Tukey method for discretizing them for the continuous distributions. 2. Please shows all strategies in the decision tree in Part 1 and conduct the strategies' risk profiles. After that, analyze if any deterministic dominance or stochastic dominance between the strategies are presented. 3. Please identify the EMV of Perfect Information for this situation

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