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Tag: Olympic organization

Develop a decision tree that can be used to solve Chang’s problem. You can assume in this part of the problem that she is using EMV (of her net profit) as a decision criterion. Build the tree so that she can enter any values for p1, p2 , and p3 (in input cells) and automatically see her optimal EMV and optimal strategy from the tree.

by Osman

Uncertainty Read Case 6.3: Electronic Timing System for Olympics (below). For this assignment, you will assess and use the correct […]