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Decision tree Problem

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Given: a. Introduce Product at once: ps=.5

b. Test Market, ps=.8

c. Test market costs $10K

d. Successful product $90k
e. Failure costs $50k

Build tree and solve

I need assistance with building a decision tree. I do not have software so must draw it manually.

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Solution Summary

This posting constructs a decision tree based on given information.

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