Order the answer to: Suppose an investor is concerned…
Question | Suppose an investor is concerned about a business choice in which there are three prospects—the probability and returns are given below: Probability Return 0.4 ………………….. $100 0.3 …………………….. 30 0.3 …………………….. -30 What is the expected value of the uncertain investment? What is the variance? |
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Subject | business economics |
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