PRACTICE 4 DMUR You are considering two investment projects each having the same cost. Each project is facing the following events, probabilities and net profits: ALTERNATIVES EVENTS: NET PROFITS: PROBABILITIE: a: Newspaper C1 4000 6000 9000 25 .50 25 a, Pamphlet el e2, e3 3000 7000 8000 30 50 20 C2 ?? 1. Construct a decision tree and show which project you would chose by using the expected value method (x)? 2. Calculate the coefficient of variation (cov) of each project, and determine which one should you chose accordingly? 3. Use the Z-table, and show the likelihood that Project and Project 2 will yield a net profit between $7000 and $9000 4. Assume that the first investment project will cost you S1000 less than the second one. change your decision, if at all. Show how that would