As per HOMEWORKLIB RULES, in case of multiple question posted by the student, we can only answer 1 question which by default is the first question , if not specified by the student. Please post other questions separately.
Answer :
Probability | Outcome | Expected Value (prob x outcome) | ||
Sell Company | Success | 0.31 | 1762 | 546.22 |
Moderate Success | 0.4 | 1762 | 704.8 | |
Failure | 0.29 | 1762 | 510.98 | |
Form Joint Venture | Success | 0.31 | 2500 | 775 |
Moderate Success | 0.4 | 2927 | 1170.8 | |
Failure | 0.29 | 1000 | 290 | |
Sell software on their own | Success | 0.31 | 5000 | 1550 |
Moderate Success | 0.4 | 3500 | 1400 | |
Failure | 0.29 | -848 | -245.92 |
To find the expected value from a Joint Venture formation, we'll need to do a summation of value of outcomes of all three probabilities under JV option. That is,
Form Joint Venture | Success | 0.31 | 2500 | 775 |
Moderate Success | 0.4 | 2927 | 1170.8 | |
Failure | 0.29 | 1000 | 290 |
Expected value from JV= 775+1170.8+290 = 2235.8
What is the expected value Form Joint Venture? Decision alternative 1762 Success (0.31) Sell Company 1762...
Refer the table below. Our original information was that the probability of High demand was 6. We collected the following new information about what happened to demand when there was an improving or not improving economy. Answer the below question What is the probability of an improving economy? Improving Economy Not improving economy Given high demand 0.78 Given Low demand Answer format: Number Round to: 2 decimal places What is the expected value Sell software on own? Decision alternative Success...
Calculate the expected Value for Form Joint Venture Success Moderate Success Failure Probability Sell Company Form Joint Venture Sell Software on own Answer format: Number Round to 1 decimal places
What is the expected value of Sell company? Success (0.29) 2340 2340 Moderate Success (0.4) Failure (0.31) 2340 Success (0.29) 2500 2707 Moderate Success (0.4) Failure (0.31) 1000 Success (0.29) 5000 3500 Moderate Success (0.4) Failure (0.31) -707 Submit Answer format: Number: Round to: 0 decimal places. Points: 5/17 Grade: 29.4% Progress: 29.4% Hide
What is the expected value Form Joint Venture? elek Success (0.21) 2385 2385 A Moderate Success (0.4) Failure (0.39) 2385 Success (0.21) 2500 2876 Moderate Success (0.4) Failure (0.39) 1000 Success (0.21) 5000 3500 Moderate Success (0.4) Failure (0.39) -813 Submit Answer format: Number: Round to: O decimal places. Points: 5/17 Grade: 29.4 % Progress: 29.4% Hide
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Using the EV method, which decision alternative will you chose? a) Sell company b) Form Joint Venture c) Sell software on own Success Moderate Success Failure Probability 0.3 0.4 Sell Company Form Joint Venture Sell Software on own Submit Answer format: Text
Regret Table Success Moderate Success Failure Probability Sell Company Form Joint Venture Sell Software on own Calculate the EOL decision for Sell software on own Answer format: Number Round of decimal places
Our original information was that the probability of High demand was .6. We collected the following new information about what happened to demand when there was an improving or not improving economy. Answer the below question. unanswered Calculate the probability for low demand and the improving economy (also called Joint Probability)? not_submitted Improving Economy Not improving economy Given high demand 0.61 Given Low demand 0.51 Submit Answer format: Number: Round to: 2 decimal places. Refer the table below. Our original...
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