You must decidewhether to launch a product that has been under development for a long period of time, but for which profitability is still uncertain.You estimate that the cost of launching the product if it ultimately proves unprofitable is $70 million, while the cost of aborting the product launch todayis $30 million.Based on the expected error cost, the minimum probability of profitability necessary to justify going through with the product launch is?

need calculation to find answer