Question: Your company is evaluating two projects for consideration. Project A has a 40% probability of-$15,000 US and a 60% probability of $80,000 US. Project B

Your company is evaluating two projects for consideration. Project A has a 40% probability of-$15,000 US and a 60% probability of $80,000 US. Project B has a 70% probability of $65,000 US and a 30% probability of-$15,000 US. Which of the projects would you select based on the greatest expected monetary value?

Project A

Project B

The expected monetary value is not high enough on either to make a selection

Project A and B are of even value

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