Question 10 Ant Co. has developed a new product, the A-Warren. it is now time to bring the A-Warren product to market. There are two alternatives for Ant-Co either market the product only in the local area, or market the product nationally. If Ant Co. rolls out the A-Warren product locally and it is successful, then the company will receive $1.4M from product sales. However, if the local rollout is unsuccessful, then the company will lose $100,000 ($0.1M) due to the costs of advertising. If Ant Co. rolls out the A-Warren product nationally and it is successful, then the company will receive $3M from product sales. However, if the national rollout is unsuccessful, then the company will lose $1M due to the costs of advertising. Historically, 40% of Ant Co.'s product rollouts have been successful. Which of the following statements are true? 0 An event outcome is the national A-Warren rollout. -' K\" Q If the AWarren product is unsuccessful, then the net payoff will be either one of two possible values. 0 If the A-Warren is rolled out nationally, then the company will receive $3M. 0 None of the answers are correct. 0 A decision alternative is a successful A-Warren product rollout