Jerry Bauman's company is considering expansion of its current facility to meet increasing demand. If demand is high in the future, a major expansion would result in an additional profit of $ 800,000 but if demand is low, there would be a loss of $ 500,000. If demand is high, a minor expansion will result in an increase in profits of $ 200,000, but if demand is low, there is a loss of $ 100,000. Jerry believes that there is a that there is a probability of 0.6 that demand will be high in the future. a. What should Jerry do? Show your working. b. A research company has offered to do research costing $ 300,000 to determine whether the demand will be high or low. Should Jerry agree to the offer? Give your reasoning and show your calculations