A Firm Is Considering Two Projects,A and B,with the Following

question 34

Multiple Choice

A firm is considering two projects,A and B,with the following probability distributions for profit. $$\begin{array} { c c c } \begin{array} { c } \text { Prafit } \\\text { (\$1,000s) }\end{array} & \begin{array} { c } \text { Praject } A \\\text { Prabability } ( \% ) \end{array} & \begin{array} { c } \text { Project } B \\\text { Prabability } ( \% ) \end{array} \\\hline \$ 20 & 10 & 10 \\40 & 15 & 15 \\60 & 50 & 25 \\80 & 15 & 40 \\100 & 10 & 10\end{array}$$ Given the above,the variance of project A is

• A)7.07
• B)50
• C)440
• D)4,000
• E)380

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Definitions:

Collaboration

The act of working together towards a common goal, often involving multiple individuals or groups to combine resources and expertise.

Negotiator's Role

The function or position of an individual who engages in discussions or mediation between parties to reach a mutually acceptable agreement.

Neutrality

The state or position of being impartial or not taking sides, especially in conflicts or decision-making processes.

Coalitions

Alliances formed between groups or organizations with a common interest or goal, typically to combine efforts in advocacy or to effect change.