A businessman has two independent investments A and B available to him, but he lacks the capital to undertake both of them simultaneously. he can choose to take A first and then stop, or if A i successfull then take B, or vice versa. The probability of success on A is 0.7 while for B it is 0.4. Both investments require an initial capital outlay of $2000 and both return nothing if the venture is unsuccessful. successful completion of A will return $3000 (over cost), while successful completion of B will return $5000 (overcost).
Prepare a report, with the aid of a decision tree, advising the investor of the best course of action
The Assignment Expert was able to finish my assignment with great efficiency. With the details given, they were able to execute my project to perfection. This is my second time using the service. So far my experience has been professional and accurate. Will use again for future projects.