Investment advisors estimated the stock market returns for four market segments: computers, financial, manufacturing, and pharmaceuticals. Annual...

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Investment advisors estimated the stock market returns for fourmarket segments: computers, financial, manufacturing, andpharmaceuticals. Annual return projections vary depending onwhether the general economic conditions are improving, stable, ordeclining. The anticipated annual return percentages for eachmarket segment under each economic condition are as follows:
Economic Condition
Market Segment Improving Stable Declining
Computers 10 2 -4
Financial 8 5 -3
Manufacturing 8 4 -2
Pharmaceuticals 6 5 -1
(a) Assume that an individual investor wants to select one marketsegment for a new investment. A forecast shows improving todeclining economic conditions with the following probabilities:improving 0.4, stable 0.2, and declining 0.4. What is the preferredmarket segment for the investor?
- Select your answer-ComputersFinancialsManufacturingPharmaceuticalsItem 1
What is the expected return percentage? Round your answer inone decimal place.
Expected Return = %
(b) At a later date, a revised forecast shows a potential for animprovement in economic conditions. New probabilities are asfollows: improving 0.6, stable 0.2, and declining 0.2. What is thepreferred market segment for the investor based on these newprobabilities?
- Select your answer-ComputersFinancialsManufacturingPharmaceuticalsItem 3
What is the expected return percentage? Round your answer inone decimal place.
Expected Return = %

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Investment advisors estimated the stock market returns for fourmarket segments: computers, financial, manufacturing, andpharmaceuticals. Annual return projections vary depending onwhether the general economic conditions are improving, stable, ordeclining. The anticipated annual return percentages for eachmarket segment under each economic condition are as follows:Economic ConditionMarket SegmentImprovingStableDecliningComputers102-4Financial85-3Manufacturing84-2Pharmaceuticals65-1(a)Assume that an individual investor wants to select one marketsegment for a new investment. A forecast shows improving todeclining economic conditions with the following probabilities:improving 0.4, stable 0.2, and declining 0.4. What is the preferredmarket segment for the investor?- Select your answer-ComputersFinancialsManufacturingPharmaceuticalsItem 1What is the expected return percentage? Round your answer inone decimal place.Expected Return = %(b)At a later date, a revised forecast shows a potential for animprovement in economic conditions. New probabilities are asfollows: improving 0.6, stable 0.2, and declining 0.2. What is thepreferred market segment for the investor based on these newprobabilities?- Select your answer-ComputersFinancialsManufacturingPharmaceuticalsItem 3What is the expected return percentage? Round your answer inone decimal place.Expected Return = %

	Economic Condition
Market Segment	Improving	Stable	Declining
Computers	10	2	-4
Financial	8	5	-3
Manufacturing	8	4	-2
Pharmaceuticals	6	5	-1

(a)	Assume that an individual investor wants to select one marketsegment for a new investment. A forecast shows improving todeclining economic conditions with the following probabilities:improving 0.4, stable 0.2, and declining 0.4. What is the preferredmarket segment for the investor?
	- Select your answer-ComputersFinancialsManufacturingPharmaceuticalsItem 1

	What is the expected return percentage? Round your answer inone decimal place.
	Expected Return = %

(b)	At a later date, a revised forecast shows a potential for animprovement in economic conditions. New probabilities are asfollows: improving 0.6, stable 0.2, and declining 0.2. What is thepreferred market segment for the investor based on these newprobabilities?
	- Select your answer-ComputersFinancialsManufacturingPharmaceuticalsItem 3

	What is the expected return percentage? Round your answer inone decimal place.
	Expected Return = %