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The Oklahoma Pipeline Company projects the following pattern of inflows from an investment. The inflows are spread over time to reflect delayed benefits. Each
The Oklahoma Pipeline Company projects the following pattern of inflows from an investment. The inflows are spread over time to reflect delayed benefits. Each year is independent of the others. Year 1 Year 5 Cash Inflow Probability Cash Inflow Probability Cash Inflow $ 90 100 110 0.40 0.20 0.40 $ 80 100 120 0.35 0.30 0.35 Year 10 Probability $ 70 0.30 100 0.40 130 0.30 The expected value for all three years is $100. Compute the standard deviation for each of the three years. Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Year 1 Year 5 Year 10 Standard Deviation
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