Asked by Raegan Haskins on Sep 24, 2024
Verified
If the complicated technology costs $10million to develop,what is the expected gain from developing the thought activated software
A) $5million
B) $10million
C) $25million
D) $50million
Thought-Activated Software
Software interfaces that are controlled through brain waves or thoughts, enabling hands-free operation.
Expected Gain
The anticipated value or return from an investment, calculated by assessing probable outcomes and their probabilities.
Revenue
The income that a business receives from its normal business activities, usually from the sale of goods and services to customers.
- Calculate expected gains or losses in various business and game scenarios.
Verified Answer
AC
Andrew Cheungabout 11 hours ago
Final Answer :
A
Explanation :
The expected gain from developing the thought-activated software is calculated as follows: (0.30 * $50 million) - $10 million = $15 million - $10 million = $5 million.
Learning Objectives
- Calculate expected gains or losses in various business and game scenarios.