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Please show work. Question 1 1/1 pts A mutual fund manager is considering CSCO for portfolio inclusion. In his decision process he uses earnings estimate

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Question 1 1/1 pts A mutual fund manager is considering CSCO for portfolio inclusion. In his decision process he uses earnings estimate from four different analysts. The estimates and their probabilities of being correct are presented in the table below: Expected earnings Analyst per share Probability of being correct ($) Analyst A 2.53 43% Analyst B 2.18 20% Analyst C 2.64 23% Analyst D 2.87 14% What earnings estimate should the manager use in the valuation process? 2.53 2.17 3.17

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