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The possible returns and associated probabilities of two independent projects are as follows:
It has been decided that both projects are to be launched.
Which TWO of the following statements are correct? (Choose two.)
Suggested Answer: B, D
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13 comments · newest first
RO
Rose
12 months ago
The probability of a gain being less than 1.00 is definitely true.
MA
Margarita
12 months ago
Wait, is the expected value really $40,000? That seems off!
RE
Reena
1 year ago
I think the probability of a loss is actually higher than 0.10.
SI
Simona
1 year ago
Totally agree, that makes sense!
SI
Silva
1 year ago
The expected value of the total return is $41,500 gain.
SH
Shad
1 year ago
I’m pretty sure the expected value is $40,000, but I can't remember how we arrived at that figure. I hope I didn't mix it up with another practice question!
DA
Dahlia
1 year ago
I’m a bit confused about the probabilities. I remember that the total gain probability should be less than 1.00, but I can't recall the exact numbers for the gains.
NA
Natalya
1 year ago
I think the expected value calculation might be tricky; I remember something about adding the weighted returns, but I'm not sure if it's $41,500 or $40,000.
DU
Dusti
1 year ago
I feel like I saw a similar question where we had to calculate probabilities for total returns. I think the probability of a loss being 0.10 sounds plausible.
LO
Lorenza
1 year ago
This seems like a straightforward question about contract law. I think the answer is A - affirmation of the contract, since the buyer is choosing to continue the contract despite the breach.
SH
Sharee
1 year ago
This seems like a straightforward question about transaction elapsed time. I think I'll go with option B - response time + think time.
VI
Vi
1 year ago
I'm pretty confident the answer is C. The Module Management Tool sounds like it would be the right tool for installing and managing AMP files.
CA
Carlee
1 year ago
This looks like a straightforward project management question. I'll focus on the key terms like "formalize the acceptance" and think about the processes that are used to officially approve deliverables.