ou are a hotel manager and you are considering four projects that yield different payoffs, depending upon whether there is an economic boom or a recession. The potential payoffs and corresponding payoffs are summarized in the accompanying table. Project Boom {60%) Recession (40%} Red 3 30 S 20 Orange S 20 S 30 Green S 40 S 40 Blue S 60 S 60 The expected value of project Red is Multiple Choice $60. S20. S10. S40