Question: Develop a decision tree for evaluating the effect of a flood warning system development for $20,000 on the flooding mitigation. The probability of flooding is

Develop a decision tree for evaluating the effect of a flood warning system development for

$20,000 on the flooding mitigation. The probability of flooding is 0.1, and the damage associated with flooding in the absence of the warning system is $50,000. However, it is reduced to $5,000 with the flood warning system.

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