Chapter 6 Q35. A project has the following possible outcomes: Value at the end of the year Probability 10% 40% 50% $5,000 +$5,000 |+$6,000 Calculate the expected value of this project. Q36. Which of the following is a measure of risk? A) expected value B) standard deviation C) variance D) Both B and C are measures of risk. Q37. The risk of an investment as measured by the standard deviation reflects A) only how much lower than the expected value the actual outcome might be B) both how much lower or how much higher than the expected value the actual outcome might be. C) how random the variable being evaluated is. D) how fair the bet is