Jaiffer is trying to determine which store he should purchase to expand his business. He did some research to determine how much profit he could earn at each store. Store A has a 60% chance of generating OMR 200,000 in annual profit and a 40% chance of generating OMR 250,000. Store B has a 70% chance of generating OMR 300,000 and a 30% chance of generating OMR 150,000.

1. What is the expected value (EV) for Store A and Store B receptively?

a-Store A: OMR 200,000 and Store B: OMR 250,000

b-Store A: OMR 20,000 and Store B: OMR 25,000

c-Store A: OMR 220,000 and Store B: OMR 255,000

d-Store A: OMR 22,000 and Store B: OMR 55,000

2. Which store should Jaiffer choose based on the expected value method?

a-Store B

b-Store A

c-Neither Store A nor Store B

d-Both store A and Store B