. A man has the choice of running either a host-snack stall or an ice-cream stall at a sea side resort during the summer season. If it is a fairly cool summer, he should make Rs. 5000 by running the hot-snack stall, but if the summer is quite hot, he can only expect to make Rs. 1000. On the other hand, if he operates the ice-cream stall, his profit is estimated at Rs. 6500, if the summer is hot, but only Rs. 1000 if it is cool. There is a 40 per cent chance of the summer being hot. Should he opt for running the hot-snack stall or the ice-cream stall. Give mathematical argument.
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