1 Mr. Jones is about to purchase a business. There are two businesses avail- able. The first...
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1 Mr. Jones is about to purchase a business. There are two businesses avail- able. The first has a daily expected profit of $150 with standard deviation $30, and the second has a daily expected profit of $150 with standard de- viation $55. If Mr. Jones is interested in a business with a steady income, which should he choose?
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