Mathematics, 26.10.2020 02:50, nothingworksoutforme
David is a businessman who must make a decision regarding a new project for his company. His analysis of potential profit is below.
POTENTIAL FOR PROJECT A
PROFIT X PROBABILITY
20,000 0.12
50,000 0.53
100,000 0.35
1.) Find the expected value of the profit of Poject A.
2.) Suppose a second project B has an expected profit value of $60,000. Should David recommend project A or project B? Explain.
Answers: 1
Mathematics, 21.06.2019 15:30, fooligan3448
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Mathematics, 21.06.2019 21:30, ajm1132005
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Mathematics, 21.06.2019 23:00, kedjenpierrelouis
Qrst is a parallelogram. determine the measure of ā q pls
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