Jim Sellers is thinking about producing a new type of electric razor for men. If the market were favorable, he would get a return of $100,000, but if the market for this new type of razor were unfavorable, he would lose $60,000. Since Ron Bush is a good friend of Jim Sellers, Jim is considering the possibility of using Bush Marketing Research to gather additional information about the market for the razor. Ron has suggested that Jim use either a survey or a pilot study to test the market. The survey would be a sophisticated questionnaire administered to a test market. It will cost $5,000. Another alternative is to run a pilot study. This would involve producing a limited number of the new razors and trying to sell them in two cities that are typical of American cities. The pilot study is more accurate but is also more expensive it will cost $20.000. Ron Bush has suggested that it would be a good idea for Jim to conduct either the survey or the pilot before Jim makes the decision concerning whether to produce the new razor. But Jim is not sure if the value of the survey or the puot is worth the cost. Jim estimates that the probability of a successful market without performing a survey or pilot study is 0.5 . Furthermore. the probability of a favorable market for razors given a favorable survey result given is 0.78 and the probability of an unsuccessful market for razors given an unfavorable survey resuit given is 0.73 . in addition, the probability of an unfavorable market for razors given an unfavorable pilot study is 0.82 , and the probability of a favorable market for razors given an favorable pilot study result is 0.89 . Similarly. Jim feels that there is a 0.45 chance to get a favourable suivey There is a 0.55 chance for an unfavorable pilot study. What is the best decision for Jim? Provide the EMV of the first decision node of the tree. Note: Do not write " or use ". in vour