You have analyzed a project using four scenarios, with the results shown in Table 8.6.1. Suppose you
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You have analyzed a project using four scenarios, with the results shown in Table 8.6.1. Suppose you actually have 40 projects just like this one and they pay off independently of one another. Find the probability that your average profit per project will be between $5 million and $6 million.
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The probability is 035 The procedure is to ...View the full answer
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