The Gain from a Project Is Equally Likely to Have

question 19

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% expected shortfall?

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

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Definitions:

Anteroposterior

An anatomical term referring to the direction from the front (anterior) to the back (posterior) of the body.

Microprocessor

A small electronic device that performs the instructions of a computer program by executing basic arithmetic, logical, control, and input/output operations.

Scanner

A device that digitizes materials (such as documents, photos, or 3D objects) for the purpose of displaying or storing the digitized images electronically.

Tomography

An imaging technique that creates a detailed cross-sectional image of the body, used in various medical fields.