Based on available information, a student develops a tree. What is the optimum decision and expected value for that decision? Show work. Payoff ($ millions). a) Large Market 5.0 Produce & (.5) b) Low Market 2.5 Do Not Produce & (.5) c) Large Market 2.0 Produce & (.5) d) Low Market 5.5 Do Not Produce & (.5)
