Question: Following on from the data provided in 'Objective Test Question 3' above, the company has made an estimate of the probability of each scenario occurring
Following on from the data provided in 'Objective Test Question 3' above, the company has made an estimate of the probability of each scenario occurring as follows:

However, an external consultant has some information about each likely scenario and can say with certainty which scenario will arise. Calculate the value of the external consultants' information:
$___________________________
Scenario Probability | 20% 50% III 30%
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