It's better to brainstorm alone than with a group

If the probabilities of cold weather (S1), warm weather (S2), and rainy weather (S3) are 0.2, 0.4, and 0.4, respectively, then what decision should be made using the expected value criterion?

What will be an ideal response?

One characteristic of most index funds is that such funds typically

A) produce a large dollar amount of realized capital gains every year. B) have a very low-cost structure with respect to management fees and transaction fees. C) charge high front-end loads. D) are designed to "beat the market."