Recall the COM TECH example discussed in class, and answer the following questions based on the Strategy Region given above If the grant award is $50,000, the EV of the Don't Submit Proposal strategy is equal to Blank 1 Fill in the blank, read surrounding text If the grant award is $70,000, the optimal strategy is Blank 2 Fill in the blank, read surrounding text Strategy Region of Decision Tree 'COMTECH' Expected Value of Node 'Proposal ' (D40) With Variation of Branch Value 'Receive Grant' of Node 'Grant' (E22) 25000 20000 15000 10000 Expected Value Submit Proposal 5000 Don't Submit Proposal O 5000 10000 40000 45000 75000 95000 100000 105000 110000 Grant Award

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Question: Recall the COM-TECH example discussed in class, and answer the following questions based on the Strategy Region given above. If the grant award is $50,000,

Recall the COM-TECH example discussed in class,

Recall the COM-TECH example discussed in class, and answer the following questions based on the Strategy Region given above.

If the grant award is $50,000, the EV of the "Don't Submit Proposal" strategy is equal to Blank 1. Fill in the blank, read surrounding text. .
If the grant award is $70,000, the optimal strategy is Blank 2. Fill in the blank, read surrounding text. .

Strategy Region of Decision Tree 'COMTECH' Expected Value of Node 'Proposal?' (D40) With Variation of Branch Value 'Receive Grant' of Node 'Grant' (E22) 25000 20000 15000 10000 Expected Value Submit Proposal 5000 Don't Submit Proposal O -5000 -10000 40000 45000 75000 95000 100000 105000 110000 Grant Award

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