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Problem 4 tab shows a decision tree with 6 nodes. Each node has a cell with yellow background color above it. Enter appropriate formulas in
Problem 4 tab shows a decision tree with 6 nodes. Each node has a cell with yellow background color above it.
- Enter appropriate formulas in all cells with the yellow background to evaluate the decision tree. Show the winning project (A, B, or C) in the space provided by entering a formula inside cell B5.
- How should the payoff on node 2 (currently $75) be changed to make Project A the winner?
- How should the probability on node 2 branch (currently 0.25) be changed to make Project A the winner?
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