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So there's a certain amount of jargon that goes along with trees,
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and I want you to go home and read the textbook
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and know what that jargon is. So these spots, these dots in the tree,
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these things are called nodes.
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And in fact the end points of the tree where the payoffs are,
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these are also called nodes but they're called end nodes.
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These branches in the tree, the branches, here they are,
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the branches are called edges.
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So a tree consists of nodes, edges,
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and these missing dots are the end nodes.
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The end nodes are associated with payoffs.
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Do we need to write that? That's obvious right: