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For the EMV exercise you just completed and taking into account your attitude to risk (not only the EMV), which project would you choose?
For the EMV exercise you just completed and taking into account your attitude to risk (not only the EMV), which project would you choose? Why? Estimated Project Chance of Outcome Profits Project 1 50 Percent $100,000 50 Percent ($50,000) Project 2 30 Percent $110,000 40 Percent $50,000 30 Percent ($60,000) Project 3 70 Percent $20,000 30 Percent ($8,000) Project 4 30 Percent $40,000 20 Percent $25,000 30 Percent $20,000 20 Percent ($50,000)
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