what option should wiley choose?

you is the approach called: A) maximax O B) maximin O C) Laplace O D) minimax regret O E) expected monetary value QUESTION 5 2 points Save Answ After reading about economic conditions, Wiley has assigned the above probabilities to the market conditions. Note: the probabilities for each market condition are as follows Strong = P (0.2), Moderate = P (0.35) and Weak = P (.45). INVESTMENT Strong P(0.2) Average P( .35) Weak P(.45) Stocks 12% 6% -10% Bonds 7% 4% 1% Money Market 4% 3% 2% Using EMV, what option should Wiley choose? Show your calculations to the best extent possible. Provide an amount along with a decision. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 14px V V A V TX . .. Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Save and Submit