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State Pr (a) r a Pr (b) r b 1 0.2 10% 0.25 12% 2 0.6 15% 0.40 20% 3 0.2 20% 0.35 18% Given
| State | Pr(a) | ra | Pr(b) | rb |
| 1 | 0.2 | 10% | 0.25 | 12% |
| 2 | 0.6 | 15% | 0.40 | 20% |
| 3 | 0.2 | 20% | 0.35 | 18% |
Given the probability distribution above, determine (Calculate) and compare the:
- Expected return (means)
- Variance
- Standard deviation
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
7th edition
978-0133856507, 013385650X, 133856437, 978-0133856439
