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CIMA Exam CIMAPRO19-P01-1 Topic 9 Question 104 Discussion

Actual exam question for CIMA's CIMAPRO19-P01-1 exam
Question #: 104
Topic #: 9
[All CIMAPRO19-P01-1 Questions]

The following extract from a decision tree has been prepared for a decision that is to be made to choose between options P, Q and R.

What is the maximum expected value of profit at decision point Z?

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Suggested Answer: C

References:


by Chau at Dec 06, 2024, 08:48 AM

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Nickolas
3 months ago
Wait, are we sure the decision tree isn't upside down? That would really throw a wrench in things. I'm going to go with option B just to be safe.
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Stephanie
2 months ago
User 3: Option B sounds good to me too. Let's go with that.
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Lavonne
2 months ago
User 2: I agree, let's stick to the options given. I choose option B.
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Kami
3 months ago
User 1: I think the decision tree is correct, let's not worry about it being upside down.
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Daren
4 months ago
Ah, the old 'maximum expected value' question. I bet the exam writers have a sense of humor, hiding the answer in plain sight like that.
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Kimbery
2 months ago
C) $36 million
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Denny
2 months ago
B) $6 million
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Michael
2 months ago
A) $4 million
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Theola
4 months ago
This is a tricky one. I think I need to go back and review my decision tree concepts. The answer might be more complicated than it seems at first glance.
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Werner
2 months ago
I'm not sure, but I think it could be B) $6 million.
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Christa
2 months ago
B) $6 million
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Vannessa
2 months ago
I think the answer might be A) $4 million.
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Augustine
3 months ago
A) $4 million
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Regenia
4 months ago
I'm not sure how they came up with $36 million. The values at the endpoints are $4 million, $6 million, and $2.4 million, so shouldn't the answer be one of those?
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Ashlyn
4 months ago
Option C is clearly the answer. The maximum expected value of profit at decision point Z is $36 million, as shown in the decision tree.
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Nina
3 months ago
No, the correct answer is C) $36 million.
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Micaela
4 months ago
I think the answer is B) $6 million.
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Elmira
4 months ago
Why do you think it's C)?
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Latia
4 months ago
I disagree, I believe the answer is C) $36 million.
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Elmira
4 months ago
I think the answer is B) $6 million.
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