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Which of the following statements is correct? The variance of a distribution can be negative You have placed a wager such that you will either

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Which of the following statements is correct? The variance of a distribution can be negative You have placed a wager such that you will either receive nothing if you lose the bet or you will receive $10 if you win the bet. If your expected cash receipt is $9, then there is a 100 percent probability that you will win the wager The greater the risk associated with an investment, the higher the return investors expect from it When choosing between two investments that have the same level of risk, investors prefer the investment with the lower return If two investments have the same expected return, investors are indifference between these two investments

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