Question: PROBLEM SOLVING QUESTIONS Decision tree - basic problem setting Please solve the following decision tree to maximize the expected payoff. $100K De 2 60% Down

PROBLEM SOLVING QUESTIONS Decision tree - basic
PROBLEM SOLVING QUESTIONS Decision tree - basic
PROBLEM SOLVING QUESTIONS Decision tree - basic
PROBLEM SOLVING QUESTIONS Decision tree - basic problem setting Please solve the following decision tree to maximize the expected payoff. $100K De 2 60% Down $120K 65% 35% N $75K US 40% $5SK Down 30% $95K 70% $6SK Question 18 Question 18 3 pts This questioni refers to Decision tree-basic problem setting' for information needed to answer the questions The optimal course of decisions is: at decision node 1, we should choose "Up" at decision node 2, we should choose "Down" 3 pts Question 19 This question refers to "Decision tree - basic problem setting for information needed to answer the questions. The optimal expected payoff of the decision tree is: $ K. (Please conduct all calculations with the precision of two decimal places after the dot.) (Please report your result in 000's. For example, if you result is $500K, report "500" in the space provided.) 2 pts Question 20 2 pts This question refers to "Decision tree - basic problem setting" for information needed to answer the questions. The optimal expected payoff at decision node 2 is: $ K. (Please conduct all calculations with the precision of two decimal places after the dot.) (Please report your result in 000's. For example, if you result is $500K, report "500" in the space provided.)

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