The tree diagram in figure describes the uncertain cash, Engineering Mathematics

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The tree diagram in figure describes the uncertain cash

Question: The tree diagram in Figure describes the uncertain cash flows for an engineering project. The analysis period is two years, and MARR = 15% per year. Based on this information,

a. What are the E(PW), V(PW), and SD(PW) of the project?

b. What is the probability that PW ≥ 0?

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Engineering Mathematics: The tree diagram in figure describes the uncertain cash

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Engineering Mathematics: The tree diagram in figure describes the uncertain cash

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