Question: Base on : Probabilistic analysis and Expected Values, explain in words (not copy -paste) how this technique can be used for comparing two potential projects.

Base on : Probabilistic analysis and Expected Values, explain in words (not copy -paste) how this technique can be used for comparing two potential projects.

An answer the following questions:

What benefits do you see on this technique?

Do you think it is an accurate representation of reality?

What techniques would you use to actually calculate the probabilities used to value each option?

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