You are trying to decide between putting your money in a savings account or investing it in a growth fund. At the end of a year, the savings account will have $100. The growth fund may go up or down over the year as market conditions change. If the market goes up, the growth fund would have $150; if the market goes down, the growth fund would have only $50 at the end of a year. a) What would a conservative (maximin) decision maker do? b) What would a risk taking (maximax) decision maker do? c) What is the best choice if the probabilities of the market going up or down are 50%/50% ? (equal likelihood) d) What is the best choice if the probabilities of the market going up or down are 80%/20% ? (expected value) e) What is the best choice if the probabilities of the market going up or down are 20%/80% ? (expected value) f) What is the expected value of perfect information (EVPI) about market conditions