nerdexam
ASQ

CSSBB · Question #173

CSSBB Question #173: Real Exam Question with Answer & Explanation

Sign in or unlock CSSBB to reveal the answer and full explanation for question #173. The question stem and answer options stay visible for context.

Question

Perform a risk analysis to determine the expected profit or (loss) from a project which has four possible disjoint outcomes: Outcome A shows a profit of $340,000 and has a probability of 0.25 Outcome B shows a profit of $120,000 and has a probability of 0.40 Outcome C shows a loss of $40,000 and has a probability of 0.10 Outcome D shows a profit of $100,000 and has a probability of 0.25

Options

  • A$130,000
  • B$520,000
  • C$154,000
  • D($168,000)
  • Enone of the above

Unlock CSSBB to see the answer

You've previewed enough free CSSBB questions. Unlock CSSBB for full answers, explanations, the timed quiz mode, progress tracking, and the master PDF. Question stem and options stay visible so you can still see what's on the exam.

Full CSSBB Practice