Question: Transcendent Technologies is deciding between developing complicated, thought - activated software, or simple, voice - activated software. The voice - activated software would cost $

Transcendent Technologies is deciding between developing complicated, thought-activated software, or simple, voice-activated software. The voice-activated software would cost $50 million to develop and has a 60% chance of being successfully launched and generating revenue of $100 million. The thought-activated software would be a bonanza if successful, generating $1 billion in revenue. But it is so complicated, it is projected to cost would be $400 million. How likely would success have to be for Transcendent Technologies to opt for the thought-activated software?June's Specialty Shop sells designer original dresses. On 10% of her dresses, June makes a profit of $10, on 20% of her dresses she makes a profit of $20, on 30% of her dresses she makes a profit of $30, and on 40% of her dresses she makes a profit of $40. On a given day, the probability of June having no customers is .05 of 1 customer is .10 of 2 customers is .20, of 3 customers is .35, of 4 customers is .20, and of 5 customers is .10.

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