Use the following information for questions 36-48Transcendent Technologies is deciding between developing a complicated thought-activated software, or a simple voice-activated software. Since the thought-activated software is complicated, it only has a 30% chance of actually going through to a successful launch, but would generate revenues of $50million if launched.The voice-activated software is simple and hence has a 80% chance of being launched but only generates a revenue of $10million. The complicated technology costs10million, whereas the simple technology costs 2million.If the firm can only afford developing one of the software, which one would it rather develop (based on expected profit/gain)a. The simple voice-activated softwareb. The complicated thought-activated softwarec. Neither of the softwareO d. Need more information

The cost of generating the complicated thought activated software =$10 millionThe cost of generating…

Answered: Transcendent Technologies is deciding…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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