Draw a decision tree to signify the problem

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In the first gamble you have a 30% chance of receiving $100, a 50% chance of receiving $75 and a 20% chance of receiving $20. In the second gamble, you have a 40% chance of receiving $80, a 40% chance of receiving $60, and a 20% chance of receiving $50. Draw a decision tree to signify the problem.

Reference no: EM13109576

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