Software
CSQA · Question #404
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?
The correct answer is A. $20,000. See the full explanation below for the reasoning.
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
How the community answered
(36 responses)- A83% (30)
- B8% (3)
- C6% (2)
- D3% (1)
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