Leland-Morgan Consulting Is Considering a Project and Its Analysts Have $\text { OUTCOME\quad PROBABILITY OF OUTCOMEASSUMPTIONS }$

question 28

Multiple Choice

Leland-Morgan Consulting is considering a project and its analysts have projected the following outcomes and their probabilities.
$\text { OUTCOME\quad PROBABILITY OF OUTCOMEASSUMPTIONS }$
$\begin{array}{llc}\$ 6,000 &\quad\quad\quad\quad 25 \% & \text { pessimistic } \\\$ 8,000 &\quad\quad\quad\quad 40 \% & \text { moderately successful } \\\$ 10,000 &\quad\quad\quad\quad 35 \% & \text { optimistic }\end{array}$
-What is the expected value of the outcomes?

• A) $8,200
• B) $6,400
• C) $8,500
• D) cannot be determined until we know the actual outcome.

Comprehend the motivations behind the conquests and colonization efforts in the New World.

Recognize the role of economic factors, such as joint-stock companies, in promoting overseas colonization.

Analyze the impact of colonization on native populations, including cultural changes and conflicts.

Identify significant events and figures in the early colonization of North America.

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Definitions:

Lending Ability

The capacity of financial institutions to provide loans to individuals or businesses, based on available capital and regulatory constraints.

United States Government Securities

Financial instruments issued by the federal government to finance its budget deficits and raise capital, including Treasury bonds, notes, and bills.

Interest Rate

The rate at which a borrower pays interest to a lender for borrowing money.

Government Securities

Financial instruments issued by a government to borrow money from investors, including bonds, notes, and bills, usually considered low-risk investments.