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CSQA · Question #404
CSQA Question #404: Real Exam Question with Answer & Explanation
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Question
If there is a 50% probability of a risk occurring and the impact of the occurrence is $40,000 lost of revenue, then what is the expected value of the risk?
Options
- A$20,000
- B$80,000
- C$2,000
- D$800,000
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