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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