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Use the Following Decision Tree to Answer the Next Question

Question 15

Multiple Choice

Use the following decision tree to answer the next question.
Use the following decision tree to answer the next question. -If the probability of Event 1 is 30% and the probability of Event 2 is 70% in the decision tree above, the expected value of Decision 1 is A) -10 B) 30 C) 14.5 D) 18
-If the probability of Event 1 is 30% and the probability of Event 2 is 70% in the decision tree above, the expected value of Decision 1 is


A) -10
B) 30
C) 14.5
D) 18

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