Question: Likely return amounts per share for a certain investment were estimated as follows: Potential Returns Probability $5,000 0.2 $9,000 0.6 $13,000 0.2 What is

Likely return amounts per share for a certain investment were estimated as

Likely return amounts per share for a certain investment were estimated as follows: Potential Returns Probability $5,000 0.2 $9,000 0.6 $13,000 0.2 What is the variance of the potential returns? O 7,600 O 32,000,000 2529.82 6.400.000

Step by Step Solution

3.51 Rating (154 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The Nariance g retums s y muitiplyi... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!