question 17 (3 points)\na city is deciding whether to invest in a new public transportation system. option a…

question 17 (3 points)\na city is deciding whether to invest in a new public transportation system. option a has an 80% chance of increasing property values by $20 million and a 20% chance of no change. option b has a 40% chance of increasing property values by $30 million and a 60% chance of no change. which option has a higher expected value?\nexpected value = probability × value\n\noption b\nit depends on the citys budget.\nthey have the same expected value.\noption a\n\nquestion 18 (3 points)\na restaurant owner can choose to offer a new dish that has a 30% chance of making $6,000 profit or a 70% chance of making $1,000 profit. what is the expected profit from the new dish?\nexpected value = (probability × 1st profit) + (probabilit\n\n$2,100\n$1,600\n$2,200\n$2,500

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