In the Following Decision Problem, You Are Considering Two Business

In the following decision problem, you are considering two business opportunities at the end of your business education. One is a safe but less lucrative business (Bus-A) and the other a risky but attractive business (Bus-B). The expected five-year revenue differs significantly depending on boom, stagnation or recession in the national economy. The following table gives the payoff matrix and probabilities.

(A) Draw a decision tree.
(B) What is the best decision maximizing expected monetary value?
(C) What is the expected monetary value?
(D) What is the EVPI?
(E) What is the expected opportunity loss for each decision?
(F) What is the decision that minimizes expected opportunity loss?