Question: The contractor for the Cayan Tower project in Dubai analyzed the risk of a diaphragm wall failure in 2006. If the contractor determined that a

The contractor for the Cayan Tower project in Dubai analyzed the risk of a diaphragm wall failure in 2006. If the contractor determined that a diaphragm wall failure had a 15% chance of occurring, and if the wall failed, it would cost the contractor $10 million, what is the expected value of this risk? Select one: a. $225,000 b. $2,250,000 c. $15,000,000 d. $1,500,000

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