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What is the expected value at node 2? $20 million $7.5 million $10 million $15 million

What is the expected value at node 2? $20 million $7.5 million $10 million $15 million

MATLAB: An Introduction with Applications
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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Profit (S millions) High Demand 34 0.5 Building Facility ($20 million) Medium Demand 20 0.3 Low Demand 0.2 10 Successful 0.5 Start R&D Project ($5 million), Sell Rights 20 Not Successful 0.5 Do Not Start the R&D Project What is the expected value at node 2? O $20 million $7.5 million O $10 million $15 million
Transcribed Image Text:Profit (S millions) High Demand 34 0.5 Building Facility ($20 million) Medium Demand 20 0.3 Low Demand 0.2 10 Successful 0.5 Start R&D Project ($5 million), Sell Rights 20 Not Successful 0.5 Do Not Start the R&D Project What is the expected value at node 2? O $20 million $7.5 million O $10 million $15 million
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