Find the mean, variance, and standard deviation of the annual income of a hedge fund manager, using
Question:
Find the mean, variance, and standard deviation of the annual income of a hedge fund manager, using the probability distribution.
x ($ millions)P(x)
$1,700 ...... 0.2
1,500 ...... 0.2
1,200 ...... 0.3
1,000 ...... 0.1
800 ...... 0.1
600 ......0.05
400 ......0.05
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Mean 1230 var 137100 std dev 37027 Descriptive Stati...View the full answer
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Related Book For
Complete Business Statistics
ISBN: 9780077239695
7th Edition
Authors: Amir Aczel, Jayavel Sounderpandian
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