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I would appreciate an explanation for this problem. I am not sure how to go about it. Thank you in advance! 1. Assume a five-point
I would appreciate an explanation for this problem. I am not sure how to go about it. Thank you in advance!
1. Assume a five-point rating scale. The rating is criterion weight times the value on the five-point scale. The formula for expected project score is project scores times probability of success (POS). What would you recommend if project 1 has a total score of 0.76 and a POS of 85%. Project 2 has a total score of 0.68 and a POS of 96%, and project 3 has a total score of 0.96 and a POS of 68%. A. Project 1 B. Project 2 C. Project 3 D. Not enough information is provided based on this methodStep by Step Solution
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