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ole 2 contains the results (ie. TOTAL COSTS) of 200 simulation trials for each of 2 (Two) projects (Project A and Using Second Order Stochastic

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ole 2 contains the results (ie. TOTAL COSTS) of 200 simulation trials for each of 2 (Two) projects (Project A and Using Second Order Stochastic Dominance (and using a bin size of $1,000)which project would y Please select the number that corresponds to the choice from the table below. (i.e. Submit 1 or Select One Project A Project B Focusing just on Project A, if you could conduct up to 2,000 simulations, how much more accurat Assume a 95% confident level. C. Suppose you ran a number of simulations for both Project A and Project B. Assuming that the distributions of the NPV's are normally distributed and you only care about me The mean and variance for the simulations for each project are below: NPV'S Project A Mean Project B 130 45 55 + Variance 0 If you are not risk averse, which project would you choose? Use dot points to explain your answer. Use supporting calculations where necessary. Table 2 Simulation Results (TOTAL COSTS Tal Number Project A Project B 1 2 3 4 83180 7400 6505 880Z 2526 198 2945 199 1498 5892 200 745 1512 ole 2 contains the results (ie. TOTAL COSTS) of 200 simulation trials for each of 2 (Two) projects (Project A and Using Second Order Stochastic Dominance (and using a bin size of $1,000)which project would y Please select the number that corresponds to the choice from the table below. (i.e. Submit 1 or Select One Project A Project B Focusing just on Project A, if you could conduct up to 2,000 simulations, how much more accurat Assume a 95% confident level. C. Suppose you ran a number of simulations for both Project A and Project B. Assuming that the distributions of the NPV's are normally distributed and you only care about me The mean and variance for the simulations for each project are below: NPV'S Project A Mean Project B 130 45 55 + Variance 0 If you are not risk averse, which project would you choose? Use dot points to explain your answer. Use supporting calculations where necessary. Table 2 Simulation Results (TOTAL COSTS Tal Number Project A Project B 1 2 3 4 83180 7400 6505 880Z 2526 198 2945 199 1498 5892 200 745 1512

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