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A company is deciding to set up operations inone of two locations. It is estimated that site Awill net $57000 if successful (probability 0.22)and lose

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A company is deciding to set up operations inone of two locations. It is estimated that site Awill net $57000 if successful (probability 0.22)and lose $4900 if not (probability 0.78); site Bwill net $117000 if successful (probability 0.12)and lose $5300 if not (probability 0.88).(a) What is the expected return for Site A?(b) What is the expected return for Site B?

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