Multiple Choice
Use the following information for question
Transcendent Technologies is deciding between developing a complicated thought-activated software,or a simple voice-activated software.Since the thought-activated software is complicated,it only has a 30% chance of actually going through to a successful launch,but would generate revenues of $50million if launched.The voice-activated software is simple and hence has a 80% chance of being launched but only generates a revenue of $10million.The complicated technology costs 10million,whereas the simple technology costs 2million.
-Launching the complicated version would be a mistake for probabilities less than ___?
A) 0.2
B) 0.28
C) 0.30
D) 0.32
Correct Answer:
Verified
Correct Answer:
Verified
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