A manager has to choose between mutually exclusive options
C、and
D、and the probable outcomes of each option are as follows. Both options will produce an income of $30,000. Which should be chosen, on the basis of the expected value decision rule?
C、and
D、and the probable outcomes of each option are as follows. Both options will produce an income of $30,000. Which should be chosen, on the basis of the expected value decision rule?
【参考答案及解析】
Option C. Do the workings yourself in the way illustrated above. Note that the probabilities are for costs, not profits.
Option C. Do the workings yourself in the way illustrated above. Note that the probabilities are for costs, not profits.