The wow club plans to invest P10,000.00 to host a game. They expect to sell tickets worth P20,000.00. But if it rains on the day of the game, they won't sell any tickets and the club will lose all the money invested. What if the weather forecast for the day game is 30% possibility of rain, is this a good investment?
A. It's a good investment. B. It's not a good investment. C. 86% says it's a good investment. D. 74% says it's not a good investment.
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Answer:
C. 86% says it's a good investment
Not everyone agrees and there is bound to be different views but nonetheless it's a good investment. 30% is not bad it could still rain even lower than that. The weather forecast from time to time could get it wrong or the weather may change unexpectedly.
This is just my opinion but I hope my answer helps you out :)