Question 869776
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Hi
investment                  strong         weak
certificate of deposit      6000           6000
office complex              15000          5000
land speculation            33000         -17000
technical school            5500           {{{  highlight_green(10000) }}} 
let v, w, x, and y denote the payoffs for the certificate of deposit, office complex, 
land speculation, and technical school, respectively. then v,w,x,and y are random variables. 
assume that next year's economy has 40% a chance of being strong, a 60% chance of being weak. 
which investment would you suggest for the investor? 
technical school has a record of a great return in weak economy