The Cookie Company (CC) Has 1,200 Employees and the Chance

Multiple Choice

The Cookie Company (CC) has 1,200 employees and the chance of an injury to employees is 0.05. Suitmaker Lauren Alexander (LA) has 750 employees and the chance of an injury to employees is 0.08. The possible variation of losses for both are 34 and 40, respectively. What is the objective risk of both companies, and which is more risky?

A) 46.6% for CC, 56.7% for LA; LA is more risky
B) 56.6% for CC, 66.7% for LA; LA is more risky
C) 56.6% for CC, 46.7% for LA; CC is more risky
D) 46.6% for CC, 66.7% for LA; CC is more risky