1. A firm is considering two projects, A and B, with the following probability distributions for profit Profit ($1,000s) $ 20 40 60 80 100 Project A Probability (96) 10 15 50 15 10 Project B Probability (%) 10 15 25 40 10 a. Compute the expected value of project A (in $1,000s). b. Compute the variance of project A (in $1000s). c. Compute the expected value of project B (in $1000s). d. Which project would be selected if an analysis of variance rule were applied? e. Which project would a risk-neutral manager select? f. Report the coefficients of variation (v's)for projects A and B