The Gain from a Project Is Equally Likely to Have

question 2

Multiple Choice

The gain from a project is equally likely to have any value between -$0.15 million and +$0.85 million.What is the 99% value at risk?

• A) $0.145 million
• B) $0.14 million
• C) $0.13 million
• D) $0.10 million

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Definitions:

Continuous Improvement

An ongoing effort to improve products, services, or processes by making small, incremental improvements over time.

Goods And Services

The physical items (goods) and intangible assistance (services) that are produced and sold in the market.