document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1102200>Question 1102200</A>: <I><SPAN STYLE=\"word-break: break-all;\"> EMIZ Corporation is contemplating on building a hypermarket in two different location and had asked you to help the company in the investment endeavor. The company’s development and market research teams provide you with the following projections. <BR>\n" );
document.write( "Hyper Market in Location A: Cost of development: $2,500,000 <BR>\n" );
document.write( "Projected sales: 50% chance of net sales of $5,000,000 <BR>\n" );
document.write( "  30% chance of net sales of $3,000,000 <BR>\n" );
document.write( "  20% chance of net sales of $1,500,000 <BR>\n" );
document.write( "Hyper Market in Location B: Cost of development: $1,500,000 <BR>\n" );
document.write( "Projected sales: 30% chance of net sales of $4,000,000 <BR>\n" );
document.write( "  60% chance of net sales of $2,000,000 <BR>\n" );
document.write( "  10% chance of net sales of $500,000 <BR>\n" );
document.write( "a)	Let X be the random variable for the net sales of the hyper market. Construct a probability distribution table of X for both location A and B and calculate the expected value for each location.<BR>\n" );
document.write( "                                                                                                                                       (12 marks)<BR>\n" );
document.write( "b)	Which Hyper Market Location should the company build? Explain your answer. \r<BR>\n" );
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document.write( "I don't know how to solve these question. Thank you for helping.<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #716888 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=716888\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> =======x=========p(x)=====x*p(x)<BR>\n" );
document.write( "5,000,000==========0.50=====2,500,000<BR>\n" );
document.write( "3,000,000==========0.30=======900,000<BR>\n" );
document.write( "1,500,000==========0.20=======300,000<BR>\n" );
document.write( "-2,500,000=========1.00======-2,500,000\r<BR>\n" );
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document.write( "E(x)=+$1,200,000\r<BR>\n" );
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document.write( "second<BR>\n" );
document.write( "-1,500,000========1.00=======-1,500,000<BR>\n" );
document.write( "4,000,000=========0.30========1,200,000<BR>\n" );
document.write( "2,000,000=========0.60========1,200,000<BR>\n" );
document.write( "500,000===========0.10===========50,000\r<BR>\n" );
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document.write( "E(x)=+$950,000\r<BR>\n" );
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document.write( "Multiply x*p(x), with expenses - and revenues + and add everthing.\r<BR>\n" );
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document.write( "Market A is better E(x). </SPAN>\n" );
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