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Need help in solving question 1 of Yale MMB M1U3 Activity submission. How would we go about solving this problem? What approach do we take?

Need help in solving question 1 of Yale MMB M1U3 Activity submission.

How would we go about solving this problem?

What approach do we take?

What methods do we apply?

What elements of decision tree we need to draw? what are the other aspects we need to consider? 

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