Question: 13. Below are the likely changes and the corresponding probabilities in the values of stock market indexes for the next month: Value Changes for the


13. Below are the likely changes and the corresponding probabilities in the values of stock market indexes for the next month: Value Changes for the Probability Next Month (in percentage) Compared to the Previous Month +5 0.1 +0 0.5 0.3 2 0.1 What is the expected value, the variance, and the standard deviation? Which is the most likely outcome? (10 points)
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