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Project Chance of Outcome Estimated Profits Project 1 50 percent 50 percent $120,000 $50,000 Project 2 30 percent 40 percent 30 percent $100,000 $ 50,000
Project Chance of Outcome Estimated Profits Project 1 50 percent 50 percent $120,000 $50,000 Project 2 30 percent 40 percent 30 percent $100,000 $ 50,000 $60,000 Project 3 70 percent 30 percent $ 20,000 $ 5,000 Project 4 30 percent 30 percent 20 percent 20 percent $ 40,000 $ 30,000 $ 20,000 $50,000
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