Question: The shown decision tree represents a decision problem. The values of tand v are unknown. (a) Develop the EMV of the three options A, B

The shown decision tree represents a decision

The shown decision tree represents a decision problem. The values of tand v are unknown. (a) Develop the EMV of the three options A, B & C as a function oft & v. (2 points) 1500 100 A 1-1-1 -1000 1 1000 (b) If you keep v at 0.4, develop the sensitivity table (or graph) of t by setting t at 0.2, 0.3, and 0.4. (6 points) V 200 1-1-V -100 (c) What conclusion you reach using the developed sensitivity table (or graph) in part (b). (2 points) 500

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