Suppose that you are leading construction project. Weather, cost of material, and labor turmoil are key project risks you must consider. Weather reports indicate a 20% chance of excessive rain fall that will delay construction for two weeks, costing $75,000. There is a 8% probability the price of construction material dropping, which will save $80,000. There a 5% probability workers going on strike and construction coming to a halt for one week, costing $35,000. Create a probability distribution table for the risk and associated probability. Use this information for all quiz questions.

Select the correct probability distribution. Let negative values represent cost and positive values represent savings.