Ming is going on a yearlong fishing trip and is deciding whether to use his big lure or his small lure. His big lure is better at catching trout and larger fish that are worth more, while his small lure catches a larger
quantity of fish.
Ming performs 80 experimental casts with each lure. Once he decides which lure to use, he is going to
perform 800 casts with that lure over the next year.
The following table shows the average profit for each type of fish depending on which lure Ming uses:
Large lure
Small lure
Profit from trout
$4.00
$2.00
Profit from sunfish
$2.00
$0.50
The following table shows the experimental casting results.
Result of cast
Large lure
Small lure
Trout
33
9