Question: Probability question help please. A. What is the expected profit for the first?mall? $__ B. What is the expected profit for the second mall? $__

Probability question help please.

A. What is the expected profit for the first?mall? $__

B. What is the expected profit for the second mall? $__

C. Which mall should be chosen in order to maximize the expected profit? $__

Probability question help please. A. What is the
A store specializing in mountain bikes is to open in one of two malls. If the first mall is selected, the store anticipates a yearly profit of $1,200,000 if successful and a yearly loss of $400,000 otherwise. The probability of success is ,. If the second mall is selected, it is estimated that the yearly profit will be $800,000 if successful; otherwise, the annual loss will be $240,000. The probability of success at the second mall is -. Complete parts (a) through (c) below

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