# A broker has calculated the expected values of two different financial instruments X and Y. Suppose t

## Question:

A broker has calculated the expected values of two different financial instruments X and Y. Suppose t h a t E1X2 = +100, E1Y2 = +90, SD1X2 = +12, and SD1Y2 = +8. Find each of the following.

**a)** E1X + 102 and SD1X + 102

**b)** E15Y2 and SD15Y2

**c)** E1X + Y2 and SD1X + Y2

**d)** What assumption must you make in part c?

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**Related Book For**

## Business Statistics

**ISBN:** 9781292269313

4th Global Edition

**Authors:** Norean Sharpe, Richard De Veaux, Paul Velleman