Question
An investment in Project A will result in a loss of $30,000 with probability 0.20, break even with probability 0.60, or result in a profit
An investment in Project A will result in a loss of $30,000 with probability 0.20, break even with probability 0.60, or result in a profit of $90,000 with probability 0.20. An investment in Project B will result in a loss of $85,000 with probability 0.35, break even with probability 0.5, or result in a profit of $180,000 with probability 0.15.
Which investment is better?
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Fundamentals Of Electric Circuits
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