5) A store specializing in mountain bikes is to open in one of two malls. If the first mall isselected, the store anticipates a yearly profit of $ 1 comma 050 comma 000$1,050,000if successful and a yearly loss of $ 350 comma 000$350,000otherwise. The probability of success is one half12. If the second mall isselected, it is estimated that the yearly profit will be $ 700 comma 000$700,000ifsuccessful; otherwise, the annual loss will be $ 210 comma 000$210,000. The probabilty of success at the second mall is three fourths34.