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3:55 x.\" A z -IDI-E??LTEA i X 5166012_11315809_... +0 a . - Saved on deVIce [IO mama] Question 2 An IT manager wanted to evaluate two projects ROI. Project X has favourable outcome 30% with RM15 million estimated profit and unfavourable 70% chance of RM2 million estimated loss. Project Y has an equal chance of RM3O million profit and RM5 million loss respectively. (a) As a consultant, explain to the construction manager the benefits of using a decision tree to determine EMV. [10 marks] (b) Draw a decision tree to show the scenario above. Exagm: (0) Based on this scenario (draw a decision tree with EMV). Elaborate on your recommendation to the construction manager. [10 marks] Question 3 I. (a) Explain any THREE (3) properties of LI... n:__...:_.l .l:-l...:l... .Li-.. 3:55 k.\" A 1 X 5166012_11315809_... +0 a -IDI- E}? \"E A i Saved on device (a) Explain any THREE (3) properties of the Binomial distribution. [1 2 m ar k S] (b) Parking space is premium for space constraint shopping mall in Klang Valley. Studies have shown that 2 in every 10 cars parked in parking lot (during peak hours) are pickup trucks. Assume that the parking operator have observed 4 different parking lots. 0) (iii) Calculate the probability that exactly two parking lots are pickup trucks. [8 m a rk 8] ___________________ .39_C_\"__r1___________________ Calculate the probability that at least two parking lots are pickup trucks. [8 marks] Calculate the probability that 9" four lots are pickup trucks. I. [7. ,1