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Make a decision tree Factors Cost of bidding Probability of being awarded Cost of Hosting Probability of hosting successfully Financial benefit expected by an excellent

Make a decision tree
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Factors Cost of bidding Probability of being awarded Cost of Hosting Probability of hosting successfully Financial benefit expected by an excellent event (including revenue for the convention center and economic impact for the city) Financial benefit expected by a mediocre event (including revenue for the convention center and economic impact for the city) Event A 200,000 0.1 0.7 Event B 10,000 0.9 60,000 0.9

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