You Can Invest in Either Project a or B

question 28

Multiple Choice

You can invest in either project A or B.Project A has value $100 with probability 0.1 and value $75 with probability 0.9.Project B has value $110 with probability 0.2 and value $70 with probability 0.8.

• A)You should invest in project A
• B)You should invest in project B
• C)You should not invest in either
• D)You cannot tell from the information presented

---

Definitions:

Standard Oil

Denotes the American oil producing, transporting, refining, and marketing company that established the first great U.S. business trust and was later broken up under antitrust laws.

Progressive Era

A period of widespread social activism and political reform across the United States, from the 1890s to 1920s, aiming to address issues caused by industrialization.

Theodore Roosevelt

The 26th President of the United States, known for his vibrant personality, leadership of the Progressive Movement, and policies of conservation.

Third-Party Candidate

A political candidate representing a party other than the two dominant ones in a bipartisan system, often with lesser chances of winning.