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OntarloTV {0W} Productions is considering producing a pilot for a comedy series about college students' lite. If a major television network rejects the series, 0WIr
OntarloTV {0W} Productions is considering producing a pilot for a comedy series about college students' lite. If a major television network rejects the series, 0WIr Productions could lose 51 (in $ thousands) . Also, the television network may decide to purchase the rights to the series for one year. In this caseI the net profit of OTV Productions would be 82 (in $ thousands). At this point in time, 0T\\uIr Productions can estimate a 0.7 probability that the series will be successful, and the pilot will be acce pted. Of course, they do not have to produce such a pilot at all, in which case they will have neither profit nor loss. {a) A Humber College student, who has a parttime job in the OTV Productions and dreams to take part in the comedy seriesI makes a number of sketches of the decision tree. Please look below and identify the correct sketch. Also, please find out what is wrong in the other sketches. Sketch 1 Pilot rejected d Produce Pilot accepted Do not produce Q C) Wrong sketch as it shows detailes not included in the text. L3 Correct sketch O Wrong sketch as the decision and eventfchance nodes are mixed up.
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