1. Solve the following exercise using a decision tree to. Create the tree diagram identifying the decision nodes, last probabilities and costs (losses) or benefits (gains). b. Calculate the expected monetary value (EMV) for each of the alternatives. c. Choose one of the alternatives and explain your answer. Problem Statement: You are an enterprising person who has identified several ideas which can be turned into business opportunities. After carrying out feasibility studies, you have selected two alternatives that seem to be very promising. Both have the same probability of success but the losses due to failure are different between them. You must make a decision. Use the information in the table below to develop a decision tree analysis. Which of the two businesses will be better? Probability Weekly Earning success fifty% lost by failure business project "The Creole" $1000.00 $300.00 Typical sweets "the natural" $900.00 fifty% $100.00 Natural juices