A. Develop a response to the decision tree chart from the attached “QAT1 Task 5 Spreadsheet” in which you do the following:

1. Determine the expected value for each of the four decision branches.

a. Describe the process used to reach the solutions you determined in part A1.

2. Determine the decision alternative that has the most favorable expected value.

a. Compare the expected values of the decision alternatives.

*All work must be shown

(see attached decision tree chart)

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