Question: Please answer this question for me. 3. (10 points) In class we have covered First Order Stochastic Dominance (F.O.S.D) for probability distributions over monetary payoffs.

Please answer this question for me.

Please answer this question for me. 3. (10 points) In class we

3. (10 points) In class we have covered First Order Stochastic Dominance (F.O.S.D) for probability distributions over monetary payoffs. This question relates to F.O.S.D. Consider two random variables X and Y defined over the three realized outcomes $1, 12 and 13. The random 2 variable X has the distribution function F(.), and the random variable Y has the distribution G(.). These probability distributions are given below: F(r;) = Prob( {X = r;}) 0.2 0.2 0.6 G(x;) = Prob({Y = r;}) |0.1 0.4 Determine, whether F(.) ~FO.S.D G(.)

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