Question 3 Not yet answered Marked out of 1.00 Flag question Use the following

Question: Question 3 Not yet answered Marked out of 1.00 Flag question Use the following Cost decision tree and calculate the EV at node 5. **Enter the number only. Do not enter any words or symbols such as $ or.** S₁ d 5₂ F S₁ Market Research. 1 Previous page No Market Research P(s1) = 0.65 P(S2) =0.35 Answer: P(F) = 0.75 P(U) = 0.25 U P(s1|F) = 0.85 P(s2|F) = 0.15
Show transcribed image textAnswer :- Finding expected value at node 5:- To find t…View the full answerTranscribed image text: Question 3 Not yet answered Marked out of 1.00 Flag question Use the following Cost decision tree and calculate the EV at node 5. **Enter the number only. Do not enter any words or symbols such as $ or.** S₁ d 5₂ F S₁ Market Research. 1 Previous page No Market Research P(s1) = 0.65 P(S2) =0.35 Answer: P(F) = 0.75 P(U) = 0.25 U P(s1|F) = 0.85 P(s2|F) = 0.15 d₂ d 11) P(s1|U)= 0.55 P(s2|U) = 0.45 5₂ 5₂ 5₂ 5₁ 5₂ 5₁ 5₂ 100 300 400 200 100 300 400 200 100 300 400 200 Next page