Question 5, Problem A.2b Homework: HW 8: DT wen though independent gasoline stations have been having a dificult time, lan Langella has been thinking about arting his own independent gasoline station lan's problem is to decide how large his station should be. The annual stums will depend on both the size of his station and a number of marketing factors related to the oil industry and emand for gasoline. Aher a careful analysis, lan developed the following table States of Naturs Fair Size of First Station Good Market Poor Market Market Small Medium $60,000 $21,000-$12,000 $70,000 $32,000-$16,000 $95.000 $32.500-$42.000 $280.000 $24,000-$150,000 Large Very Large For example, if lan coratructs a small station and the market is good, he will realize a profit of $60.000 This exercise contains only parte e) The corect decision tree for lan, if each outcome is equally likely, is presented in Help me solve this Video Get more help. Large Very Large G=Good, F=Fair, P-Poor Figure 2 $23.000 HW Score: 55.56%, 8.33 of 15 poin O Points: 0 of 1 *TIVA GUM $95,000 THE PIUN $32,500 $28.500 -$42.000 $51.333 $280,000 $24,000 -$150,000 $60,000 -$21,000 Small $23,000 $26.000 128.500 $51.333 Medum Large $51,333 Very Large G-Good. F=Far, P-Poor Figure 3 G(13) Tita POO) Gr Fam Pa Gan FAS POR Gda Gam TIEN GAS FIUR $12,000 *$70,000 $32,000 -$18,000 $05,000 $32.500 $42,000 $280.000 $24,000 -$150,000 $60,000 et non GOD a Clear all Save