1 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 $450,000 if successful and a yearly loss of $150,000 otherwise. The probability of success is If the second mall is selected, it is estimated that the yearly profit will be $300,000 if successful; otherwise, the annual loss will be $90,000. The probability of success at the second mall is Complete parts (a) through (c) below 2 3 4 a. What is the expected profit for the first mall?

A stare specialiang in mountain bles is to cpen in one of two mals. If the fint mall is selected. the atore anticipatos a yearly profit of $450,000 if successful and a yearly loss of $150,000 otherwise. The probabilsy of success is 21, If the secend mat is solected, it is estimated that the yearly profit will be 5300,000 if successtul: otherwise, the annual loss will be 590,000. The probabity of success at the second mall is 43, Complete parts (a) through (c) beloe