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Alice is having to decide with relative uncertainty whether to develop the multifunction or basic printer for her project. For the multifunction printer, there is
Alice is having to decide with relative uncertainty whether to develop the multifunction or basic printer for her project. For the multifunction printer, there is a 30% change of an upside of $100M, 20% chance of the downside of -$60M. Otherwise, the option will provide $50M of value. If the basic printer has a total expected value of $30M, which option should she choose?
Multifunction printer
Basic printer
They have the same expected value
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