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The probability distribution for the rate of return on an investment is Rate of Return (%) Probability 9.5 .1 9.8 .2 10.0 .3 10.2 .3
The probability distribution for the rate of return on an investment is Rate of Return (%) Probability 9.5 .1 9.8 .2 10.0 .3 10.2 .3 10.6 .1 a. What is the probability that the rate of return will be at least 10%? b. What is the expected rate of return? c. What is the variance of the rate of return
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