Mathematics, 28.06.2019 06:00, krystabrewer3

Aconstruction company plans to invest in a building project. there is a 30% chance that the company will lose $30,000, a 40% chance of a break even, and a 30% chance of a $60,000 profit. based only on this information, what should the company do? the expected value is $9,000.00, so the company should proceed with the project. b) the expected value is $18,000.00, so the company should proceed with the project. c) the expected value is −$9,000.00, so the company should not proceed with the project. d) the expected value is −$18,000.00, so the company should not proceed with the project.

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Aconstruction company plans to invest in a building project. there is a 30% chance that the company...