Regret Table Success Moderate Success Failure Probability 0.3 Sell Company Form Joint Venture Sell Software on...

Question

Question

Answer 1

Answer #1

EOL= expected opportunity loss

Form Joint venture EOL calculation :

EOL= Success (probability of success) + moderate success ( probability of moderate success) + failure (probability of failure)

EOL= 210(0.3) + 0(0.3) + 29(0.4)= 63+0+11.6

EOL= 74.6 for form Joint venture

Answer 2

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