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Question 16 (1 point) Listen Based on the below decision tree, which decision alternative will you chose? Decision alternative State of Nature Payoff Sell Software
Question 16 (1 point) Listen Based on the below decision tree, which decision alternative will you chose? Decision alternative State of Nature Payoff Sell Software Success (0.2) Moderate Success (0.4) Failure (0.4) 2000 3000 4000 Form Joint Venture Success (0.2) Moderate Success (0.4) Failure (0.4) 1250 2400 2300 Sell Software on own Success (0.2) Moderate Success (0.4) Failure (0.4) 3400 1200 3320 1) Sell Software 2) Form Joint Venture 3) Sell software on own
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