EMV question
Submitted by cplusplus on Fri, 06/25/2010 - 20:02
Forums:
Paul is a project manager for an industrial design project. The project has a 60% chance of making the company $230,000 over the next year. It has a 40% chance of costing the company $150,000. What’s the project’s EMV?
A $138,000
B $60,000
C $78,000
D $230,000
Need brief justification and explanation.
Thank you all.
