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A small company plans to invest in a new advertising campaign. There is a 20% chance that the company will lose $5,000, a 50% chance of a break even, and a 30% chance of a $10,0…

A small company plans to invest in a new advertising campaign. There is a 20% chance that the company will lose $5,000, a 50% chance of a break even, and a 30% chance of a $10,0…
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5 votes
A small company plans to invest in a new advertising campaign. There is a 20% chance that the company will lose $5,000, a 50% chance of a break even, and a 30% chance of a $10,000 profit. Based on this information, what should the company do?

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User Sash
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7.7k points

1 Answer

4 votes
are you asking what they should do because of the profit ?
answered
User Coo
by
8.5k points
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