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The probability distribution for the rate of return on an investment is Rate of Return (In Percent) Probability 9.5 .1 9.8 .2 10.0 .3 10.2
The probability distribution for the rate of return on an investment is
| Rate of Return (In Percent) | 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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Public Expenditure Decisions In The Urban Community
Authors: Howard G Schaller
1st Edition
1317310985, 9781317310983
