Question 1 of 30
A sales manager at a software company is analyzing the sales pipeline for the upcoming quarter. The manager has identified three key opportunities with the following potential revenue and probabilities of closing: Opportunity 1 has a potential revenue of $50,000 with a 60% chance of closing, Opportunity 2 has a potential revenue of $30,000 with a 70% chance of closing, and Opportunity 3 has a potential revenue of $20,000 with a 50% chance of closing. What is the expected revenue from these opportunities, and how should the manager prioritize them based on their expected values?
$41,000
$38,000
$35,000
$45,000

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