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1) What is the expected value of the uncertain investment? 2) What is the variance? please be clear about the answers Suppose an investor is

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1) What is the expected value of the uncertain investment?
2) What is the variance?
please be clear about the answers
image text in transcribed
Suppose an investor is concerned about a business choice in which there are three prospects; the probability and returns are given below: Probability 0.5 0.4 0.1 Return $120 30 - 20 The expected value of the uncertain investment is $(Round your answer to the nearest dollar) Suppose an investor is concerned about a business choice in which there are three prospects; the probability and returns are given below. Probability 0.5 0.4 0.1 oo Return $120 30 -20 0 The expected value of the uncertain investment is SL (Round your answer to the nearest dollar) 0 5

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