Solution
Amy Shah
Task 2
Data-Driven Decision Making
Instructor Tony Pineda
Decision..Tree..Analysis
A) Using..the..Decision..Tree..Analysis,..we..will..be..able..to..determine..which..pat
h..the..company..must..choose..in..relation..to..the..drug..that..will..be..marketed..a
nd..sold...Should..we..use..the..new..Rx..that..has..great..new..Modifications..and..
only..the..3rd..drug..that..will..be..offered..in..this..area..or..should..we..stay..with..w
hat..we..are..using..now..try..to..improve..upon..that..drug?
B) To..have..a..decision..tree..I..used..the..following..to..help..in..determining,
Probabilities:..The..state..of..the..market..for..all..3..–
..(new,..same,..no..change)..in..both..markets..(favorable..and..unfavorable)..to..see..
which..one..will..be..the..most..beneficial..for..the..company
Payoffs:..The..payoffs..show..how..the..each..did..with..the..%..in..each..market..with..
Profits..are..the..gains..that..each..will..bring..in..by..the..demand..that..is..shown..and
the..percentage..of..the..market..payoff..along..with..the..probability,
Demands..show..which..product..that..the..market..desires..the..most..also..shows..w
hat..products..are..least..desired..at..certain..times.
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