MENU
A company has to choose between three mutually exclusive projects. Market research has shown that customers could react to the projects in three different ways depending on their preferences. There is a 30% chance that customers will exhibit preferences 1, a 20% chance they will exhibit preferences 2 and a 50% chance they will exhibit preferences 3. The company uses expected value to make this type of decision.
The net present value of each of the possible outcomes is as follows:
A market research company believes it can provide perfect information about the preferences of customers in this market.
What is the maximum amount that should be paid for the information from the market research company?
Suggested Answer: B
Get Premium CIMAPRO19-P01-1 Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
References:
7 comments · newest first
MA
Madonna
12 months ago
$125,000? That seems low for perfect info!
AL
Albert
1 year ago
I agree with $140,000, seems reasonable to me.
MA
Marshall
1 year ago
Wait, how do they even calculate the max amount?
RA
Rachael
1 year ago
I think $145,000 is way too high for that info.
KA
Kati
1 year ago
Looks like the expected value is key here!
NA
Narcisa
1 year ago
I'm pretty confident I know the answer to this one. The management plane DCN uses out-of-band communication, not in-band. And it connects to the NEs via the OSS/OBS interface, not directly.
MA
Margart
1 year ago
I'm feeling pretty confident about this one. The diagram shows the MPLS network, and based on the question, I believe Router R2 is the iLER for LSP B.