Your manager is considering selling products in a three new test markets. The manager wants to see what the probabilities are in each market and see what a decision tree looks like. The manager has given you the following information to put into your Palisade Precision Tree worksheet.

	Probability	Probability			City	City
Markets	Success	Failure	Costs	Loss	Probability	Cost
Chicago	.32	.68	10,000	500	.35	25,000
Albuquerque	.46	.54	75,000	7,500	.42	35,000
Denver	.22	.78	12,000	1,000	.33	62,000

Software Used: RStudio and Palisade Precision Tree found in the Azure virtual lab environment

Deliverable: Word document with two RStudio chart screen prints and one screen print of the decision tree made using PalisadePrecision Tree (Excel add-on)