Co Co S.A. are considering putting money into one of two investments, A and B. The net profitts for identical periods and probabilities of success for investments A and B are given in Table 3.15. (a)...

Co Co S.A. are considering putting money into one of two investments, A and B. The net profitts for identical periods and probabilities of success for investments A and B are given in Table 3.15.

(a) Which investment yields a higher net profit?

(b) Can you make a decision on which investment is better, given this extra information?

As part of Bakers Ltd financial quality control initiative the company select a shop at random and undertake a visit.