1.You plan to make an investment. Given the following probability distribution of the returns, what is the...
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1.You plan to make an investment. Given the following probability distribution of the returns, what is the expected return on the investment? If the standard deviation of the returns is $77,460, what is the CV of the investment?
Market condition Probability Profit ($000')
Good 30% 300
Normal 40% 200
Bad 30% 100
Related Book For
Essentials Of Business Statistics Communicating With Numbers
ISBN: 9780078020544
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly
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