You have a decision to invest $10,000 in any of four different companies.You estimate that the probabilities that the economy will be favorable or unfavorable, and you estimate the percent returns over the next year. Based on expected value, what company do you choose?

Question

You have a decision to invest $10,000 in any of four different companies.You estimate that the probabilities that the economy will be favorable or unfavorable, and you estimate the percent returns over the next year.  Based on expected value, what company do you choose?

Quizplus · Accepted Answer

The Answer of You have a decision to invest $10,000 in any of four different companies.You estimate that the probabilities that the economy will be favorable or unfavorable, and you estimate the percent returns over the next year.  Based on expected value, what company do you choose?

You Have a Decision to Invest $10,000 in Any of Four