You Can Invest $100,000 into Either Project a or B

question 23

Multiple Choice

You can invest $100,000 into either project A or B.You estimate that A succeeds with probability 0.7 in which case it doubles in value.If it fails,the scrap value is worth $50,000.Project B succeeds with probability 0.6,has value $150,000 if it succeeds and value of $30,000 if not.

• A)You should invest in project A
• B)You should invest in project B
• C)You should not invest in either
• D)You cannot tell from the information presented

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Definitions:

Effective Listener

Someone who actively listens, understands, and engages with the speaker, demonstrating comprehension and empathy.

Defensive Listening

A listening style where the listener is overly sensitive or reactive to the message, often perceiving it as a personal attack.

Misinterpreting

Understanding a message or piece of information incorrectly due to various factors such as language barriers, cultural differences, or personal biases.

Nonverbal Communication

Information sent and received, both intentionally and unintentionally, without using written or spoken language.