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1. Given the following decision tree where the end oints of the tree are in payoffs and maximizing our payoffs. License Technology Demand High (0.25)
1. Given the following decision tree where the end oints of the tree are in payoffs and maximizing our payoffs. License Technology Demand High (0.25) 25 55 Patent Awarded -10 (0.7) Develop Marketing & Production Demand Medium (0.55) Domanda Continue Development de renco e 33 pimento Demand Low (0.20) 15 No Patent Awarded (0.3) Stay Development Perform a one-way sensitivity analysis on the probability (p) for No Patent Awarded. (Currently this value is set at 0.3). Hint: replace the 0.3 with variable p, and find the values of p where each one of the decisior strategies is preferable. In and we have determined for two
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