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Question
Consider the following information about job opportunities for new college graduates in Megalopolis:Table 5.1
| Major | Probability of Receiving an Offer in One Year | Average Salary Offer |
| Accounting | .95 | $25,000 |
| Economics | .90 | $30,000 |
| English | .70 | $24,000 |
| Poli Sci | .60 | $18,000 |
| Mathematics | 1.00 | $21,000 |
Refer to Table 5.1. Expected income for the first year is
A) highest in accounting.
B) highest in mathematics.
C) higher in English than in mathematics.
D) higher in political science than in economics.
E) highest in economics.
Answer
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