Please read the instructions carefully and show your work. Use the decision tree chart provided to input the correct figures and us the space below to show your work. You will need to find the EMV for the Decision Nodes and States-of-Nature Nodes. - Nool Favorable Market Lintuvorable Matt Favorable Market Untuvorable Market Decise fode Construct Large Pant Construct Small Plant Do Nothing You will need to work from the Payoff column to get the EMV for the States-of-Nature and then the Decision Nodes. Finally, you will need to decide which plant to build if the you conduct the survey and its negative or positive, & what plant to build if no survey was taken. Each correct answer is worth 4pts (44pts total) A.1 First Decision Node EMV = A.2 Decision Node Positive Survey EMV = A.3 Decision Node Negative Survey EMV = A.4 Decision Node No Survey EMV = A.5 Node 1 EMV = A.6 Node 2 EMV = A. 7 Node 3 EMV = A.8 Node 4 EMV = A.9 Node 5 EMV = A.10 Node 6 EMV = A.11 Node 7 EMV = Each correct answer is worth 2pts (6 pts total) A.12 What plant would you build if the Survey was POSITIVE? A.13 What Plant would you build if the Survey was NEGITIVE? A.14 What Plant would you build if the No survey was conducted? A. 15 What's the benefit of using a Decision Tree (5pts)? Please read the instructions carefully and show your work. Use the decision tree chart provided to input the correct figures and us the space below to show your work. You will need to find the EMV for the Decision Nodes and States-of-Nature Nodes. - Nool Favorable Market Lintuvorable Matt Favorable Market Untuvorable Market Decise fode Construct Large Pant Construct Small Plant Do Nothing You will need to work from the Payoff column to get the EMV for the States-of-Nature and then the Decision Nodes. Finally, you will need to decide which plant to build if the you conduct the survey and its negative or positive, & what plant to build if no survey was taken. Each correct answer is worth 4pts (44pts total) A.1 First Decision Node EMV = A.2 Decision Node Positive Survey EMV = A.3 Decision Node Negative Survey EMV = A.4 Decision Node No Survey EMV = A.5 Node 1 EMV = A.6 Node 2 EMV = A. 7 Node 3 EMV = A.8 Node 4 EMV = A.9 Node 5 EMV = A.10 Node 6 EMV = A.11 Node 7 EMV = Each correct answer is worth 2pts (6 pts total) A.12 What plant would you build if the Survey was POSITIVE? A.13 What Plant would you build if the Survey was NEGITIVE? A.14 What Plant would you build if the No survey was conducted? A. 15 What's the benefit of using a Decision Tree (5pts)