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20. If a project has 60% chance of a US$100,000 profit and a 40% chance of a US $100,000 loss, the expected monetary value for
20. If a project has 60% chance of a US$100,000 profit and a 40% chance of a US $100,000 loss, the expected monetary value for the project is A. $100,000 profit B. $60,000 loss C. $20,000 profit D. $40,000 loss
21. ______________ analysis uses the notion of expected value to determine the consequences of alternative courses of action. A. Decision-Tree B. Decision-Point C. Decision-Value D. Decision-Made
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