1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dybincka [34]
3 years ago
8

Your company is evaluating two projects for consideration. Project A has a 40% probability of a $3,000.00 loss and a 60% probabi

lity of a $20,000.00 gain. Project B has a 30% probability of a $5,000.00 loss and a 70% probability of a $15,000.00 gain. Which of the projects would you select based on the greatest expected monetary value?
Business
1 answer:
natima [27]3 years ago
5 0

Answer:

We should select Project A as it has a higher expected value of 10,800 compared to Project B's expected value of 9,000.

Explanation:

We need to find the expected value of both the projects, using the formula

Expected value of project A= (probability of loss * value of loss)+(probability of gain* value of gain)

Expected value of project A= (0.40*-3,000)+(0.60*20,000)

=-1200+12,000=10,800

Expected value of project A= 10,800

Expected Value of project B= (probability of loss * value of loss)+(probability of gain* value of gain)

=(0.30*-5,000) +(0.70*15,000)=-1500+10,500=9,000

You might be interested in
Nina has created a chart to demonstrate the months during which the rainfall recorded was lowest. she wishes to rank the recorde
Dennis_Churaev [7]
<span>In order to rank the months from the highest rainfall to the lowest rainfall then it is necessary for Nina to make sure she is looking at the right data. Once this is achieved Nina needs to order this data, whether it be through herself or technology.</span>
6 0
3 years ago
Read 2 more answers
What does the E in the personality type abreviations stand for
alina1380 [7]

Answer:

Extraversion / Extravert

Explanation:

This means the persons personality is outgoing and open to the world. They do not keep to themselves but instead are usually unreserved.

I hope this helps!

-TheBusinessMan

3 0
3 years ago
On an organization's board of directors, Multiple Choice inside directors must work for the organization and outside directors a
ch4aika [34]

Answer:

Inside directors may be members of the firm and outside directors are supposed to be elected from outside the firm.

Explanation:

A board of directors in most corporations consists of inside directors and outside directors. Inside directors are usually the members of the firm and have direct access to the company's operating. CEO, CFO and CIO are typical examples of inside directors. On the other hand, outside directors are not employees of the firm, nor stakeholders. They have unbiased opinions in board meetings.

8 0
3 years ago
Suppose that policymakers are considering placing a tax on either of two markets. In Market A, the tax will have a significant e
slava [35]

Answer:

The answer is: B) Market B

Explanation:

Deadweight loss refers to an economic loss caused by market inefficiencies.

Market inefficiencies occur when supply and demand are not in equilibrium. In market A, the tax will barely affect the equilibrium quantity, so the deadweight loss will not be as large as in market B where the equilibrium quantity will be severely affected.

3 0
3 years ago
At Afterbadge, a chain of stores that sells computer accessories, all the marketing activities are planned at the company headqu
Anna11 [10]

Answer:

The correct answer is letter "B": Centralization of authority.

Explanation:

Centralization of authority takes place in companies where high-rank executives take most or all the decisions regarding the operations. Employees voice is not heard under this approach. Managers tend to implement this strategy when they pretend to minimize the percentage of mistakes incurred in the firm. The organization of the company tends to be bureaucratic.

8 0
3 years ago
Other questions:
  • Which type of small store carries a limited line of high-turnover convenience goods and makes most of its revenues from cigarett
    10·1 answer
  • When dealing with insurance what is a premium
    5·1 answer
  • A 5.75 percent coupon bond with 10 years left to maturity is priced to offer a 6.5 percent yield to maturity. You believe that i
    12·1 answer
  • What might a symbolic interactionist think about shrburbabization
    14·1 answer
  • Work in Process Inventory
    15·1 answer
  • A homesteaded property is located in Jupiter, Florida, in Palm Beach County. The property has been assessed at $185,000. The cit
    6·1 answer
  • Two different manufacturing processes are being considered for making a new product. The first process is less​ capital-intensiv
    8·1 answer
  • Which of the following below is not one of porter's five forces?
    7·1 answer
  • Every month, Olivia receives a bill in the mail from her mortgage company. By the first of each month, she must send back her pa
    8·1 answer
  • If business leaders in Great Britain become more confident in their economy, they will increase investment, causing the British
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!