On a decision tree, once the tree has been drawn and the payoffs and probabilities have been placed on the tree, the analysis (computing EMVs and selecting the best alternative)
a. is done by working backward (starting on the right and
moving to the left).
b. is done by working forward (starting on the left and
moving to the right).
c. is done by starting at the top of the tree and moving
down.
d. is done by starting at the bottom of the tree and
moving up

A. is done by working backward (starting on the right and

moving to the left).

Step-by-step explanation:

First expected monetary value is calculated for each state of nature node and then best EMV is selected on each decision node by going backwards from right to left.

steve should create a type of business report called a business plan. the correct option among the options that are already given in the question is the last or the fourth option. this business report created by steve will actually influence the investors about investing their money in steve's business. this business report will have all the details about the business, the amount of investment required and the amount of expected profit.

answer: 0.64

step-by-step explanation: