Developing influence diagram and decision tree


Assignment:

Consider the following situation. Jill lives presently in Missoula, Montana, where she has a fairly boring job. She has heard that there are many opportunities in Denver, Colorado, and she plans to go there, possibly resettle there, and buy a small house for herself. She plans to use her annual vacation to look things over in Denver.

Develop an influence diagram and a decision tree for the problem.

Provide complete and step by step solution for the question and show calculations and use formulas.

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Microeconomics: Developing influence diagram and decision tree
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