3. Alice is considering buying a car and has narrowed her decision down to two cars: purchase an Electric Vehicle (EV) or a Gas-Powered Vehicle (GPV). Through online research, she has gathered the following data: Alice plans to drive 15,000 miles per year and keep her car for 5 years, regardless of which car she purchases. For the GPV Resale Value, Alice determines there is a 25% chance she will get the higher price. For the EV Resale Yalue, there is a 40% chance she will get the higher price. a. (2 points) What is the annual cost to power each vehicle? GPV=$2500/yrEV=$562.50/yr b. (8 points) Draw a decision tree to help Alice decide which car she should purchase. Decision Tree not shown c. (4 points) Solve the Decision Tree. What should Alice do? Explain (show work either on the tree or here for potential full credit). Alice should buy the GPV + Explain d. (4 points) One of the main reasons Alice is considering electric is because of the high gas prices in LA. You determine that Alice's estimate from her research above has an 80% chance of being right, but a 20% chance the price is too low, and the actual average price of gas over the next 5 years is $6/gal. If her estimate is uncertain in this way, should Alice change her decision? Explain (show new expected values for each scenario for potential full credit). Alice should buy the GPV + Explain