Question: Question Completion Status: Given is a Decision Tree Diagram. The Payoffs 1-14 are given in the table below. Answer questions a, b, and e. 1/3

Question Completion Status: Given is a Decision Tree Diagram. The Payoffs 1-14 are given in the table below. Answer questions a, b, and e. 1/3 1/3 1/3 Payoff 1 Payoff 2 Payoff 3 0.30 Payoff 4 0.50 Payoff 5 Alternative A 0.20 PayOff 6 9 1/3 1/3 PayOff 7 Payoffs Payoff 1/3 5 Alternative B 0.30 Payoff 10 0.50 8 Payoff 11 0.20 Payoff 12 1/2 6 Payoff 13 1/2 Payoff 14 Click Save and submit to save and submit. Click Save All Antall answers 0.30 0.50 Pas 8 Pay 0.20 Payo 6 1/2 Payoff 1/2 Payoff Payoff 1 $ 5 | 8 9 ON 4 2 5 7 6 4 -7 10 11 8 -5 12 13 14 4 7 8 -4 a) The value at node 4 is b) The value at node 8 is (in 1 decimal place) c) The best course of action or decision is to select alternative

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