The Vacation
Final exams are almost here and once they are done, it will be time to reward myself with a well-deserved vacation. As a state employee, I haven't seen a raise since... well, ever. Thus an important criterion, in fact the most important criterion is to find an exotic region that can be visited inexpensively. There are three states of nature that could impact costs in these five areas of interest, and they correspond to the relative strength of the US Dollar against that region's dominant currency. Rather than squander my time doing any actual publishable research, instead I have determined the average cost per day to visit each region under each of the possible states of nature. This table, which should not be construed as actual vacation advice, appears below.
| Region | Strong Dollar | Middling Dollar | Weak Dollar |
| Eastern Europe | 33 | 54 | 57 |
| Southeast Asia | 41 | 56 | 36 |
| Australia | 45 | 44 | 58 |
| Galapagos Islands | 37 | 35 | 26 |
| Scandinavia | 38 | 11 | 48 |
After staring blankly at the options for several hours, the family decides they truly have no idea which value of the dollar would be more likely and overall feel neither optimistic nor pessimistic. What's the safest choice for them to make?
• Scandinavia
• Australia
• Galapagos Islands
• Eastern Europe
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