Multiple Choice
A pharmaceutical company executive has to decide whether to fund a new drug development project.For this project,a success would earn $90 million and a failure would cost $10 million in lost profits. At what probability of expected success should she fund the project?
A) 0.10
B) 0.20
C) 0.80
D) 0.90
Correct Answer:
Verified
Correct Answer:
Verified
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