An investor puts $10,000 into each of four stocks, labeled A, B, C, and D The file S04 48 xlsx contains the means and standard deviations of the annual returns of these four stocks Assuming that the returns of these four stocks are independent, find the mean and standard deviation of the total amou...

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An investor puts $10,000 into each of four stocks, labeled A, B, C, and D. The file

Question:

An investor puts $10,000 into each of four labeled A, B, C, and D. The file S04_48.xlsx contains the means and standard deviations of the annual returns of these four Assuming that the returns of these four are independent, find the mean and standard deviation of the total amount that this investor earns in one year from these four investments.

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...