Allan Jabber invested $400 at the beginning of each of the last 12 months in the shares of a mutual fund that paid no dividends. Which method will be correctly choose in order to calculate his average price per share from the monthly share prices? A. Arithmetic mean. B. Harmonic mean. C. Geometric mean. The central limit theorem and Chebyshev's inequality apply co which distributions? Central limit theorem Chebyshev's inequality A. Normal only Normal only B. Normal only Any distribution C. Any distribution Any distribution Colonia has only two political parties, the Wigs and the Wags If the Wags are elected, there is a 32% probability of a tax increase over the next four years. If the Wigs are elected, there is a 60% probability of a tax increase Based on the current polls, there is a 20% probability that the Wags will be elected. The sum of the (unconditional) probability of a tax increase and the joint probability that the Wigs will be elected and there will be no tax increase are closest to: A. 55%. B. 70%. C. 85%. Analysts at Wellborn Advisors are considering two well-diversified portfolios based on firm forecasts of their expected returns and variance of returns, James argues that Portfolio 1 will be preferred by the client because it has a lower coefficient of variation. Samantha argues that Portfolio 2 would be preferred by the client because it has a higher Sharpe ratio. The client states that he wishes to minimize the probability that his portfolio will produce returns less that the risk-free rate. Based on this information, the client would most likely prefer: A. 100% in Portfolio 1. B. 100% in Portfolio 2. C. some combination of Portfolios 1 and 2. Ralph will retire 15 years from today and has saved $121, 000 in his investment account for retirement. He believes he will need $37, 000 at the beginning of each year for 25 years of retirement, with the first withdrawal on the day he retires. Ralph assumes that his investment account will return 8%. The amount he needs to deposit at the beginning of this year and each of the following years (15 deposits in all) is closest to: A. $1, 350. B. $1, 450. C $1, 550