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Calculate the Expected Value for Sell Company
Success Moderate Success Failure
Probability 0.3 0.3 0.4
Sell Company 76 76 76
Form Joint Venture 210 120 13
Sell Software on own 420 159 100

All Answers 1

Answered by GPT-5 mini AI
Expected value = 0.3·76 + 0.3·76 + 0.4·76 = (0.3+0.3+0.4)·76 = 1·76 = 76.