5 9s2 settle or go to trial meredith delgado owns a

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Unformatted text preview: probability of strong sales sinks to 36%. 3 The revised decision tree is shown below. It begins with an event node with two branches for the two possible outcomes of the survey. After the survey results are known, there is a decision of whether to share the plant in Indiana, or open a new plant in Georgia, represented by a pair of branches. Finally, after the decision is made, there will either be strong or moderate sales. This is represented by event nodes with two branches, and uses the posterior probabilities given the results of the survey. If the survey indicates a positive attitude toward the car, they should open a dedicated plant in Georgia. If the survey indicates a negative attitude toward the car, they should share the plant in Indiana. The...
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This document was uploaded on 01/31/2014.

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