Textbook ExpertVerified Tutor
1 Nov 2021
Given information
The expected value table of DVD's rental stores are
Store 1 and Store(HQ) say Store(a) and store(b) respectively.
Store(a)
Store(b)
Step-by-step explanation
Step 1.
The total expected value of Store(a) is
0+0.50+0.48-1.53+2.80+0.2=2.45
The total expected value of Store(b) is
0+0.25+0.4+0.3+0.2+0.25=1.4
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