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Transcendent Technologies is deciding between developing a complicated thought-activated software,or a simple voice-activated software.Since the thought-activated software is complicated,it only has a 30% chance of actually going through to a successful launch,but would generate revenues of $50million if launched.The voice-activated software is simple and hence has a 80% chance of being launched but only generates a revenue of $10million.The complicated technology costs 10million,whereas the simple technology costs 2million.
-If the complicated technology costs $10million to develop,what is the expected gain from developing the thought activated software
In Vivo
Latin for "within the living," referring to a therapy technique, experiment, or observation conducted in a real-world setting as opposed to a controlled environment.
Imaginal
Relating to the imagination or imagery, often used in therapeutic contexts to describe visualization techniques or imagined scenarios for coping or healing.
Observing Others
The act of carefully watching the behaviors, actions, or reactions of individuals or groups to gain insight or understanding.
Specific Phobias
A type of anxiety disorder characterized by an intense, irrational fear of specific objects or situations.
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