What is the EMV for each? Looking at your own personal Risk Utility Function, which project would you select and why?
Problem Set #2: Decision Tree This problem set covers material for Week 7, Risk Analysis. Decision Tree Analysis is an important aspect of Risk Management. It is mentioned, but not treated extensively in the text. INSTRUCTIONS: Review attached instructor video & slides for reference Only problem #1 is required (#2 is optional) Please show your […]