Probabilities Payoff
Expand Large Favorable interest .3 $60k
Neutral interest .5 $30k
Unfavorable interest .2 ‑$70k
Expand Small Favorable interest .3 $50k
Neutral interest .5 $30k
Unfavorable interest .2 ‑$30k
Do not expand Economy up .3 $30k
Economy same .5 $20k
Economy down .2 $0
Draw the decision tree showing all nodes and expected values. Use square for decision node, and circle for chance node. What should he do?
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