What is the EMV for Option 2 in the following decision table?

Columbia Sportswear makes nylon activewear. Its marketing manager set a goal to use greater promotional efforts to increase by 12 percent over the next three years the sales of the company's line of comfortable, lightweight clothing for people who fish. Columbia Sportswear's marketing manager is engaged in ________.

A) portfolio planning B) strategic planning C) scorecard balancing D) mass marketing E) tactical planning

Which of the following statements about the risk pooling is correct?

A) Risk pooling works best if the number of parties involved is small. B) Risk pooling reduces the standard deviation of the loss distribution. C) Risk pooling increases the loss probability. D) Risk pooling can be used to increase the cost of bearing risk.