If a Manager Adopted Both Project a and Project B

question 74

Multiple Choice

If a manager adopted both project A and project B simultaneously,the expected value of this joint project would be:
$$\begin{array} { | l | l | l | } \hline \text { Praject } & \begin{array} { l } \text { Bomn } \\( 25 \% ) \end{array} & \begin{array} { l } \text { Recessim } \\( 75 \% ) \end{array} \\\hline \text { A } & \$ 30 & - \$ 15 \\\hline \text { B } & - \$ 15 & \$ 20 \\\hline\end{array}$$

• A) $7.50.
• B) $0.
• C) $11.25.
• D) ?$3.75.

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Definitions:

Descriptive Statistics

The branch of statistics that deals with the organization, display, and description of data sets.

Summaries

Concise explanations or overviews that encapsulate the main points or data from a larger set of information.

Data

Facts or information used typically to calculate, analyze, or plan something.

Tabular

Pertaining to or arranged in tables, often used to summarize and present data in an organized manner.