Question: Really need help please 12 Using the EV method, which decision alternative will you chose? a) Sell company b) Form Joint Venture Alt c) Sell



12 Using the EV method, which decision alternative will you chose? a) Sell company b) Form Joint Venture Alt c) Sell software on own Success Moderate Success Failure 0.3 0.3 Probability 0.4 88 88 88 Sell Company 210 120 11 Form Joint Venture 420 234 100 Sell Software on own Submit Answer format: Text $14 What is the EVPI? Success Moderate Success Failuro 0.3 03 Probability 0.4 78 78 78 Sell Company 210 120 Form Joint Venture 94 420 138 -100 Sell Software on own Submit Answer format: Number Round to: 1 decimal places 17 Alocal club plans to invest $10000to host a baseball game. They expect to sell tickets worth 522674. 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 02 Leave money in bank 10000 10000 Invest in Baseball game 0 22674 Subre Answer format: Number Round to 1 decimal places
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
