#9 What is the expected value of Sell company? Decision alternative Sell Company Form Joint Venture Success (0.31) 2249 Moderate Success (0.4) 2249 Failure (0.29) 2249 Success (0.31) 2500 Moderate Success (0.4) 3100 Sell Software on own Failure (0.29) 1000 Submit Answer format: Number: Round to: 0 decimal places. Success (0.31) 5000 Moderate Success (0.4) 3500 Failure (0.29) -931 unanswered not_submitted Attempts Remaining: 2

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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#9
What is the expected value of Sell company?
Decision alternative
Sell Company
Form Joint Venture
Success (0.31)
2249
Moderate Success (0.4)
2249
Failure (0.29)
2249
Success (0.31)
2500
Moderate Success (0.4)
3100
Sell Software on own
Failure (0.29)
1000
Submit
Answer format: Number: Round to: 0 decimal places.
Success (0.31)
5000
Moderate Success (0.4)
3500
Failure (0.29)
-931
unanswered
not_submitted
Attempts Remaining: 2
Transcribed Image Text:#9 What is the expected value of Sell company? Decision alternative Sell Company Form Joint Venture Success (0.31) 2249 Moderate Success (0.4) 2249 Failure (0.29) 2249 Success (0.31) 2500 Moderate Success (0.4) 3100 Sell Software on own Failure (0.29) 1000 Submit Answer format: Number: Round to: 0 decimal places. Success (0.31) 5000 Moderate Success (0.4) 3500 Failure (0.29) -931 unanswered not_submitted Attempts Remaining: 2
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