jarridsdad
Feb 22, 2013, 01:33 PM
You have inherited $10000 prior to a presidential election and wish to invest in solar energy and oil stocks. An investment advisor provides you with a payoff matrix that indicates your probable 4-year gain, depending on which party comes into office. How should you invest your money so that you have the largest expected gain irrespective of how the election turns out?
Invest ____ amount in solar energy?
Invest____ amount in oil?
Round to the nearest dollar.
Invest ____ amount in solar energy?
Invest____ amount in oil?
Round to the nearest dollar.