Question: Repeat Problem 39, assuming that additional analysis caused the estimated probability of success in field B to be changed from .1 to .11. Problem 39

Repeat Problem 39, assuming that additional analysis caused the estimated probability of success in field B to be changed from .1 to .11.
Problem 39
After careful testing and analysis, an oil company is considering drilling in two different sites. It is estimated that site A will net $30 million if successful (probability .2) and lose $3 million if not (probability .8); site B will net $70 million if successful (probability .1) and lose $4 million if not (probability .9). Which site should the company choose according to the for each site?

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