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A stock DEF has the following payoffs probabilities: Probability 0.3 0.45 0.25 Payoff $50 $60 $90 What is the Variance of payoffs of the stock?
A stock DEF has the following payoffs probabilities:
| Probability | 0.3 | 0.45 | 0.25 |
| Payoff | $50 | $60 | $90 |
What is the Variance of payoffs of the stock?
Note: The numbers for this question may have been changed from the previous question.
Give your answer for Variance as a number and not a percentage.
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