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Can someone help me with this problem? An oil company is considering two sites on which to drill, is described in the following table. Complete

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An oil company is considering two sites on which to drill, is described in the following table. Complete parts (a) through (b) below. Site A: Prot if oil is found: $70 million Site B: Prot if oil is found: $105 million Loss if no oil is found: $7 million Loss if no oil is found: $22 million Probability of nding oil: 0.2 Probability ofnding oil: 0.1 a. Which site has the larger expected prot? 3" Site A has the larger expected prot. Site B has the larger expected prot. The expected prots for both sites are the same. b. If the expected prot for both sites is not the same, by how much is the expected prot larger? $|:| million (Round to the nearest tenth as needed.)

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