1 Compute the variance of the probability distribution in Table 5 2 Compute the variance of the probability distribution in Table 6 Table 5 Outcome Probability 70 5 71 2 72 1 73 2 Table 6 Outcome Probability loe mlac loc loc caloe le...

1 m 7005 7102 7201 7302 71 2 ...

1. Compute the variance of the probability distribution in Table 5. 2. Compute the variance of the...

Question:

1. Compute the variance of the probability in Table 5.

Table 5 Outcome Probability 70 .5 71 .2 72 .1 73 .2

2. Compute the variance of the probability distribution in Table 6.

Table 6 Outcome Probability -loe mlac -loc -loc caloe -le

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...