Construct a decision tree to help the television network identify the strategy that maximizes its expected profit in responding to a newly proposed television program.Make sure to label all decision and chance nodes and include appropriate costs,payoffs and probabilities.

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The Answer of Construct a decision tree to help the television network identify the strategy that maximizes its expected profit in responding to a newly proposed television program.Make sure to label all decision and chance nodes and include appropriate costs,payoffs and probabilities.

Construct a Decision Tree to Help the Television Network Identify