Mathematics, 16.04.2020 01:21, blevinssam274

) A store specializing in electronics is to open in one of two malls. If the first mall is selected, the store anticipates a yearly profit of $230,000 if successful and a yearly loss of 150,000 otherwise. The probability of success is 1 2 . If the second mall is selected, it is estimated that the yearly profit will be $130,000 if successful; otherwise, the annual loss will be $60,000. The probability of success at the second mall is 3 4 . What is the expected profit at each of the two malls?

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) A store specializing in electronics is to open in one of two malls. If the first mall is selected,...