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Buchanan Corp. forecasts the following payoffs from a project: Outcome Probability of Outcome Assumptions $700 25% pessimistic $3,200 50% moderately successful $5,200 25% optimistic What
Buchanan Corp. forecasts the following payoffs from a project:
| Outcome | Probability of Outcome | Assumptions |
| $700 | 25% | pessimistic |
| $3,200 | 50% | moderately successful |
| $5,200 | 25% | optimistic |
What is the expected value of the outcomes?
$3,325
$3,075
$3,033
$3,200
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The Freedmans Handbook A Practical Guide To Wealth
Authors: Wilfred Brown, Adrian Tullock
1st Edition
1478748400, 978-1478748403
