Start R&D Project ($5 million) Do Not Start the R&D Project O $20 million What is the expected value at node 2? $7.5 million $10 million Successful 0.5 O $15 million Not Successful 0.5 Building Facility ($20 million) Sell Rights Profit ($ millions) 34 High Demand 0.5 Medium Demand 0.3 Low Demand 0.2 20 10 20

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
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Start R&D Project ($5 million)
$20 million
Do Not Start the R&D Project
What is the expected value at node 2?
$7.5 million
$10 million
Successful
0.5
O $15 million
Not Successful
0.5
Building Facility ($20 million)
Sell Rights
Profit ($ millions)
High Demand
0.5
Medium Demand
0.3
Low Demand
0.2
34
20
10
20
Transcribed Image Text:Start R&D Project ($5 million) $20 million Do Not Start the R&D Project What is the expected value at node 2? $7.5 million $10 million Successful 0.5 O $15 million Not Successful 0.5 Building Facility ($20 million) Sell Rights Profit ($ millions) High Demand 0.5 Medium Demand 0.3 Low Demand 0.2 34 20 10 20
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