$6$

$2$ points

Objective probabilities are

based on feelings and hunches.

almost never used for decision making.

determined from actual data.

used in the presence of uncertainty.

$82$ points

A firm is considering two projects, A and B $,$ with the following expected value, standard deviation, and coefficient of variation. Using the expected value rule, which project should the firm choose?

$\backslash$table$[[$Project$,$E $($Profit$),,v$