__Figure 12: NPV for Selected Facilities with Public and Private__

The figure shows S-shaped curves
that compare the likely NPV for four illustrative public and private
educational facility groups. The *x* axis is labeled "Net Present Value
(billions $)" and the *y* axis is labeled "Probability of Not Exceeding."
The S-shaped curve for the Undergraduate public schools facility group is on
the far left of the figure and uses small diamonds to designate points on the
curve. For Undergraduate public schools, the NPV at 10% probability is negative
$ 0.5 billion, the NPV at 50% probability is negative $ 0.4 billion, and the
NPV at 90% probability is negative $ 0.3 billion. The S-shaped curve for the Elementary
private schools facility group is second from the left and uses small circles to
designate points on the curve. For Elementary private schools, the NPV at 10%
probability is $ 0.0 billion, the NPV at 50% probability is $ 0.1 billion, and
the NPV at 90% probability is $ 0.1 billion. The S-shaped curve for the Elementary
public schools facility group is second from the right in the figure and uses
small rectangles to designate points on the curve. For Elementary public
schools, the NPV at 10% probability is $ 0.2 billion, the NPV at 50%
probability is $ 0.5 billion, and the NPV at 90% probability is $ 0.9 billion.
The S-shaped curve for the Undergraduate private schools facility group is on
the far right-hand side of the figure and uses small triangles to designate
points on the curve. For Undergraduate private schools, the NPV at 10%
probability is $ 3.2 billion, the NPV at 50% probability is $ 4.3 billion, and
the NPV at 90% probability is $ 5.6 billion.