Question
A mutual fund has five equally likely outcomes:15%, -7%, 5%, 2%, and -1%.Calculate the variance of the rate of return. which one is the answer?
A mutual fund has five equally likely outcomes:15%, -7%, 5%, 2%, and -1%.Calculate the variance of the rate of return.
which one is the answer?
0.26%
0.14%
0.53%
0.10%
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
11th edition
134141083, 978-0134141084
