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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
Demographic Variables
Characteristic factors used to segment populations for study, including age, gender, income level, race, employment, and others, to analyze changes or differences within a group.
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