A1 What is the expected value of alternative A? $8 O. $5.08 0.5 Ob. $8.83 .27 EMV-7.5 A2 O. 54.98 0.5 Od. $5.91 $15 .73 $4 0.45 S10 0.55 so

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Question 22
A decision tree of a project is given as follows:
What is the expected value of alternative A?
A1
O a, $5.08
O b. S8.83
0.5
.27
EMV-7.5
A2
O. $4.98
0.5
O d. $5.91
$15
A
.73
$4
0.45
$10
B
0.55
so
Transcribed Image Text:Question 22 A decision tree of a project is given as follows: What is the expected value of alternative A? A1 O a, $5.08 O b. S8.83 0.5 .27 EMV-7.5 A2 O. $4.98 0.5 O d. $5.91 $15 A .73 $4 0.45 $10 B 0.55 so
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