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Part 3 of 3-Part 3 A group of medical professionals is osng the construction of a private clinic. If the medical demand is high (i.e., there is a favorablemarket for the clinic), the physicians could realize anet profit of $100,000. If the market is not favorable, they could lose $40,000. Of course, they dont have to procced at all, in which case there is no cost. In the absencc of any markct data, the best the physicians can guess is that there is a 50 50 chance the dinic will be successful. Question 9 of9 20.0 Points Construct a decision tree by fil in the blanks below in reference to the following chart. The decision choice at Decision 1is and that at Decision 2is Event 1 is and Event 2 is The probability for Probl is and that for Prob2 is Payoff 1 is and Payoff 2 is EMV1 is Prob 1 Event 1 Payoff 1 EMV 1 Decision 1 Prob 2 Event 2 Payoff 2 and EMV 2 is Max EMV EMV 2 Decision 2 Mark for Review Whats This?

math   Statistics-And-Probability   
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Sol The state ef nabure rodo -faverable market-,C-5) 100,000-50,060 pau ar antole, marted- 13 loo Doo The clale Is to The exhated monthly vaare ctide 1 4 56p06-20,000-f 30,000 At lst The EMV b slabed hore andanseed the ini huel- vlue should be

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