Examine the following probability distribution: Return Probability 0.04 0.1 0.06 0.2 0.08 0.4 0.1 0.2 0.12 0.1
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Question:
Examine the following probability distribution:
Return | Probability |
0.04 | 0.1 |
0.06 | 0.2 |
0.08 | 0.4 |
0.1 | 0.2 |
0.12 | 0.1 |
How do we find out the mean and standard deviation for this question? Kindly explain.
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