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Firm X is considering a project and its analysts have projected the following outcomes and their probabilities. OUTCOME PROBABILITY OF OUTCOME $5,300 $7,500 $13,900 22%
Firm X is considering a project and its analysts have projected the following outcomes and their probabilities. OUTCOME PROBABILITY OF OUTCOME $5,300 $7,500 $13,900 22% 41% 37% ASSUMPTION Pessimistic Moderately successful Optimistic Required What is the expected value of the outcomes
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