THIS IS A THREE PART QUESTION

Use this scenario to answer the following 3 questions: A Project Manager is trying to determine whether to use a new Test Suite to test the product, or just use what they already have. The new Test Suite costs $5000. If they use it, there's a 60% chance they'll make $80K of revenue on the product. There's also a chance they'll only make $50K. If they don't use the Test Suite there's an 80% chance they'll make $50K of revenue, and a chance they could make $60K. What is the EMV if they use the new Test Suite? FORMAT: Do not include the dollar sign, just write the number. Do not use commas or any other symbols. Example: 50000 What is the EMV if they do not use the Test Suite? Format: Just write the number, no dollar signs, no commas, no other symbols. Example: 5000 Based on the scenario, which option would you choose? Do not use the Test Suite Either option is good as they have the same EMV Use the Test Suite Not enough information to make a choice