Question: 3 Question 2 (4 points) Worst-case scenario analysis develops a measure that computes, say, for one year's returns The worst possible mean outcome for a
3 Question 2 (4 points) Worst-case scenario analysis develops a measure that computes, say, for one year's returns The worst possible mean outcome for a portfolio in repeated trials of generating one-year portfolio outcomes The meanest possible outcome for a portfolio in repeated trials of generating one-year portfolio 8 outcomes The mean, over repeated trials of generating one-year portfolio returns, of the worst possible outcome in each trial The worst possible outcome for a portfolio in repeated trials of generating one-year portfolio outcomes 13
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