-3 points TanFint1 9501 As pert of their investment strategy, the Carringtons have deoded to put $100,000 into stock market investments and also into purchasing precious metals depends on the state of the economy in the next year. In an expanding economy, it is expected that their stock market investment will outperform their investment in precious metais, whereas an economic recession will have precisely the opposite effect. Suppose the following payoft matrix gives the expected percentage the economy. The performance of the investment increase or decrease in the value of each investment for each state of Expanding Economic eccnomy recession 15 15 Stock market investment25 10 investment of $100,000. (Round your answers to the nearest dollar) (a) Decermine the optimal investment strategy for the Carringtons' i stocks commodibies (b) what profit can the Carringtons expect to make on their investments over the year ir they use t ther optimal investment stracegy? (Round your answer to the neerest dollar.) cites ofthe state, then Robinson is expected to get 60% ofthe votes Beila Robinson and Steve Carson are running for a seat in the u.S. Senate I both candidates camosign only in the major expected to get 45% both candidates then Robinson is expected to get 40% of the voces, finally, , Robinson campaigns excuovery n the rural areas end Carson camoagns candidates campeign in only rural areas, then Robinson is expected get 55% of the votes; t Robinson campsigns e excusively in the city, then Robinson