Which plan has the least amount of risk? Plan A Payout | P(Payout) $30,000 | 0.68 $55,000 | 0.08 $90,000 | 0.24 Plan B Payout | P(Payout) -$25,000 | 0.18 $45,000 | 0.68 $80,000 | 0.14 Plan A Plan B
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Risk refers to the likelihood of not receiving the expected payout or losing money altogether. Looking at the table, we can see that Plan A has a higher probability of receiving a payout (0.68) compared to Plan B (0.18). Show more…
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