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# TOPIC: EMV question

## EMV question 7 years 4 months ago #6192

 Rahul Kakkar Offline Gold Boarder Posts: 161 Karma: 9 Thank you received: 56 Can you quote the name of the mobile app where you got this question? Answer: C To calculate the expected monetary value (EMV) of a set of risks and opportunities, multiply each probability by its total cost and add them together. In this question, the cost of the risk is –\$15,250 + –\$20,000 = –\$35,250, so its EMV is 40% x –\$35,250 = -\$14,100. The value of the opportunity is \$4,500 and its probability is 65%, so its EMV is 65% x \$4,500 = \$2,925. So the total EMV for the two is –\$14,100 + \$2,925 = –\$11,175. Rahul Kakkar, PMP, MBA Community Moderator How are we doing? Your opinion matters. To help us improve, please check out our survey at www.surveymonkey.com/s/pmpexamforum Your e-mail address will never be displayed on the site. Check this box to be notified of replies to this topic. Note: BBcode and smileys are still usable.

## EMV question 7 years 4 months ago #6193

 Ganesh Muniyandy Offline Fresh Boarder Posts: 1 Thank you received: 0 Thank you Rahul for your answer and explanation. Name of the mobile app: PMP TEST PREP. Your e-mail address will never be displayed on the site. Check this box to be notified of replies to this topic. Note: BBcode and smileys are still usable.
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