Question: PT 2. For the same decision tree in the previous question. What is the expected profit associated with the best decision? (Round your answer to

PT 2. For the same decision tree in the previous

PT 2.

For the same decision tree in the previous question. What is the expected profit associated with the best decision?

(Round your answer to the nearest whole number, if it has decimals. Do not input the $ sign.)

Question 28 0/3 pts Given the decision tree below, what should the manager of a coffee shop which is experiencing some growth do? The dollar values are annual net profits. The probability of high demand is 0.6. High Demand $ 140,000 Hire two more employees $ 80,000 Low Demand Do nothing $ 110,000 High Demand Hire a part-time employee $ 130,000 Hire one more employee $ 100,000 Low Demand You Answered Hire two more employees Correct Answer O Hire one more employee

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