Question 32 of 75 SAVE ANSWER Question 32 1 points A market research survey is available for $10,000. Using a decision tree analysis, it is found that the expected monetary value with no survey is $62,000. If the expected value of sample information is -$7,000, what is the expected monetary value with the survey? a. $55,000 b. $62,000 c. -$17,000 d. $45,000 26 40 50 6L 7 17 8 92 18 190 10 115 20 210 12 225 13 230 14 24 155 16 25 26 270 280 290 300 310 326 Question 62 1 points SAVED Cream Cakes makes and sells cakes daily. Based on past experience the owner has estimated the following probabilities for the daily demand for fresh cream cakes: Daily Demand (cakes) 30 40 50 60 70 Probability 0.1 0.2 0.3 0.3 0.1 The cakes cost $12 to make and are sold for $22 per cake. Cream Cakes believes a lot of their success is because they only sell fresh cakes. Any cakes unsold at the end of the day is mashed up and sold to the local piggery for $7.00 If the proprietor follows the criterion of regret, how much would be ordered daily? 12:37 PM 6/13/2020 PC DI (hp