Help me out with this EMV question please
Submitted by sanathsh on Sun, 01/11/2015 - 17:40
Forums:
With the introduction of a new technology in your project there is chance of saving 200000 in your project. However it can also lead to a 15% chance of employee attrition the impact of which can be 1200000 What is the EMV of project
a) 30000
b) 40000
c) 20000
d) -10000
Do I calculate 200000*85/100 - 1200000*15/100
or 200000 -1200000*15/1000
