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1? HUUE'FIIUII 3 l PIS You are a project manager in an IT rm managing a software project and identifying a risk linked to the
1? HUUE'FIIUII 3 l PIS You are a project manager in an IT rm managing a software project and identifying a risk linked to the market claim. The possibility of risk is 20%, and if it occurs. you will lose $8000. To calculate the long-term risk of this scenario, you need: 0 Calculate the EMV of the binomial probability distribution. 0 Calculate the mean of the binomial probability distribution. 0 Calculate the ad. for the discrete probability distribution. 0 Calculate the EMV of the discrete probability distribution
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