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An investment has the following range of outcomes and probabilities. Outcomes (Percent) Probabilities of Outcomes 5% .25 7% .50 12% .25 Calculate the expected value

An investment has the following range of outcomes and probabilities. Outcomes (Percent) Probabilities of Outcomes 5% .25 7% .50 12% .25 Calculate the expected value and the standard deviation (round to two places after the decimal point where necessary).

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