Let r.v.’s X₁, ...,X₁₀ be independent exponential r.v.’s with unit means. Suppose that Y_i = 1.1 · X_i for i = 1, ..., 10, represent the returns for the investments in 10 independent assets. (Thus, since E{X_i} = 1, an investment in each asset gives 10% profit on the average.) Proceeding from the VaR criterion, figure out what is more profitable: to invest $10 in one asset, or split it between 10 assets. It is recommended to use Excel or another software.