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Which software is more effective interms of functionality? Is it the Fedora Linux or would the Red Hat Linux be a better pick?
Red hat makes Linux for enterprise consumers .they are giving long term support for their product. Fedora is not owned by Red hat but a sponsor. Fedora is a Linux distribution developed and maintained by a community. Red hat Linux is aiming at enterprise customers where as Fedora is aiming at desktop customers.
If your company is big it is better to use Red hat Linux. But if it is for personal use or for a small network or office it is better to use fedora. fedora will work very well with your laptop too. If you need a professional support go for Red hat Linux.
Red hat Enterprise Server is Suited for large companies looking for multiple licensed servers. even though it is open source it is not free