E(A) = .0005 x 100,000 = 50

B= .3 x 17 = 5.1

C= .6 x 12 = 7.2

D= .4 x 18 = 7.2

E = .7 x 11 = 7.7

Clearly, according to expected value theory, Bob should apply to C, D, and E.

Marking

2 marks for calculating values for a-e correctly

1 mark for coming to the correct conclusion.