Multiple Choice
A movie producer has to decide to fund a new movie project.For this project,a success would earn $20 million and a failure would cost $60 million in lost profits. At what probability of expected success should he fund the movie?
A) 0.20
B) 0.25
C) 0.50
D) 0.75
Correct Answer:
Verified
Correct Answer:
Verified
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