Question: What is the expected value Form Joint Venture? Decision alternative 1762 Success (0.31) Sell Company 1762 Moderate Success (0.4) 1762 Failure (0.29) Form Joint Venture

What is the expected value Form Joint Venture? Decision alternative 1762 Success (0.31) Sell Company 1762 Moderate Success (0.4) 1762 Failure (0.29) Form Joint Venture 2500 Success (0.31) Moderate Success (0.4) 2927 Sell Software on own 1000 Failure (0.29) Success (0.31) 5000 Moderate Success (0.4) 3500 Failure (0.29) -848 Refer the table below. Our original information was that the probability of High demand was .6. We collected the following new information about what happened to demand when there was an improving or not improving economy. Answer the below question. What is the probability of a not improving economy? Not improving economy Improving Economy Given high demand 0.79 Given Low demand 0.46 Submit Answer format: Number Round to: 2 decimal places Refer the table below. Our original information was that the probability of High demand was 6. We collected the following new information about what happened to demand when there was an improving or not improving economy. Answer the below question. Calculate the probability for high demand and the improving economy? Improving Economy Not improving economy Given high demand 0.79 Given Low demand 0.5 Submit Answer format: Number Round to 2 decimal places
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