#16 Using the EV method, which decision alternative will you chose? a) Sell company b) Form Joint Venture c) Sell software on own Success Moderate Success Neutral Failure Probability 0.1 0.3 0.4 Sell Company 111 111 111 111 Form Joint Venture 210 180 120 91 Sell Software on own 420 250 213 -100 Submit Answer format: Text #17 A local club plans to invest $10000to host a baseball game. They expect to sell tickets worth $22989. But if it rains on the day of game, they won't sell any tickets and the club will lose all the money invested. If the weather forecast for the day of game is 20% possibility of rain,what is the expected value of investing in the baseball game? Rain No Rain Probability 0.2 Leave money in bank 10000 10000 Invest in Baseball game o 22989 Submit Answer format: Number: Round to: 1 decimal places