Question: * Question Completion Status: QUESTION 2 Given is a Decision Tree Diagram. The Payoffs 1-14 are given in the table below. Answer questions a, b,

* Question Completion Status: QUESTION 2 Given is

* Question Completion Status: QUESTION 2 Given is a Decision Tree Diagram. The Payoffs 1-14 are given in the table below. Answer questions a, b, and c. 1/3 Payoff 1 1/3 Payoff 2 1/3 4 Payoff 3 Payoff 4 0.30 0.50 Payoff 5 Alternative A 0.20 Payoff 6 9 1/3 1/3 Payoff 7 PayOff 8 PayOff 9 1/3 Alternative B 5 0.30) PayOff 10 0.50 Payoff 11 0.20 PayOff 12 1/2 6 Payoff 13 1/2 PayOff 14 ta demit Clint Saul Ansurers to save all answers GoVenture CEO :.... By Google B * Question Completion Status: 1/3 Payoff 9 Alternative B 5 0.30; Payoff 10 0.50 8 Payoff 11 0.20 . Payoff 12 172 6 Payoff 13 1/2 PayOff 14 3 4 5 6 7 8 9 10 12 Payoff 1 $ 5 2 -2 11 4 13 | 14 7 6 5 2 9 2 5 -5 3 4 -3 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 QUESTION 3

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