Question
Vulcan Industries is considering a project and its analysts have projected the following possible outcomes: OUTCOME PROBABILITY OF OUTCOME ASSUMPTIONS $5,250 25% Pessimistic $7,800 45%
Vulcan Industries is considering a project and its analysts have projected the following possible outcomes:
| OUTCOME | PROBABILITY OF OUTCOME ASSUMPTIONS | |
| $5,250 | 25% | Pessimistic |
| $7,800 | 45% | Moderate Success |
| $13,500 | 30% | Optimistic |
What is the expected value of the outcomes?
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The Oxford Handbook Of Pricing Management
Authors: Ozalp Ozer, Robert Phillips
1st Edition
0199543178, 978-0199543175
