Question
Events Rate of returns Probability Weighted Return 1 5% 0.10 ? 2 10% 0.25 ? 3 30% 0.40 ? 4 20% 0.30 ? Expected Return
Events Rate of returns Probability Weighted Return
1 5% 0.10 ?
2 10% 0.25 ?
3 30% 0.40 ?
4 20% 0.30 ?
Expected Return
Based on the above return, what is the expected return?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
To find the expected return we multiply each rate of return by its respective p...
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Step: 2
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Understanding Basic Statistics
Authors: Charles Henry Brase, Corrinne Pellillo Brase
6th Edition
978-1133525097, 1133525091, 1111827028, 978-1133110316, 1133110312, 978-1111827021
