Question: This assignment has two options: A AND / OR B: Create a decision tree to evaluate your career options. Sketch the tree. Use squares, circles,
This assignment has two options: A ANDOR B:
Create a decision tree to evaluate your career options.
Sketch the tree. Use squares, circles, and triangles for decisions, uncertainties, and outcomes see diagram below, left
Make sure your decision has at least two choices, each with at least two uncertain events with estimated probabilities.
Have at least four total outcomes estimated salaries
Hint: Remember, square decision nodes don't have probabilities, round uncertainty nodes do
Calculate the expected value of each career choice
Highlight the best choice, ie the one with the highest expected value.
Explain in sentences why it's the best choice based on your analysis. Cite your data sources
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