3. k1 at) A lab at another water utilityr will bU\\_.Ir your used spectrophotometer at a price of $1500. You decide this is a fair price and decide to ship it to them. There is a 1 in 10 chance of being lost 'In shipment. Insurance is available for $100 which covers the loss except for a 525 deductible. Draw a decision tree depicting the decision to purchase or not purchase insurance. Based on expected value, would you insure the package