[0]
The decision tree does not reach a standard described below.
[1-2]
The decision tree is not accurately constructed, and/or the calculations of each option are not presented or accurate. However, there is some evidence of a general understanding of the model.
[3-4]
The principal elements of the decision tree are constructed, but may not be entirely accurate. The calculations of each option are largely correct. Allow up to three mistakes in calculations and/or presentation for [3]. Allow for either two errors in calculation or two errors in presentation [4]. For an accurately constructed decision tree with incorrect calculations, award up to a maximum of [3]. For an accurately constructed decision tree with EMV calculations, but no working [4].
[5-6]
The decision tree is accurately constructed. The calculations of each option are correct and well presented. A key is provided. Workings are shown.