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C) You are planning to implement a change in your project. There is a 72% chance that it will help your organization to save 120,000

C) You are planning to implement a change in your project. There is a 72% chance that it will help your organization to save 120,000 USD. However, there is a 28% chance of losing 61,000 USD. Calculate the contingency reserve required for this project.

D) Based on the below figure, calculate the Expected Monetary Value (EMV) of Choice B.

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30% - $100 - $500 Choice 40% 7 - $200 Decision Choice B Choice - $400 - $150 35% -$350

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