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11. A computer company is contemplating whether to buy a new server, router, or phone system. The return from each will be determined by whether
11. A computer company is contemplating whether to buy a new server, router, or phone system. The return from each will be determined by whether the company gets picked for a contract. The probability that the company will get the contract is 70%, and the probability that the company doesn't get the contract is 30%. Construct an Excel spreadsheet to determine the equipment that will give the best-expected returns. NO CONTRACT (0.3) PURCHASE Server Router Phone system CONTRACT (0.7) $70,000 $90,000 $60,000 $10,000 -$15,000 -$2,000
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