1. You want to invest in Dogecoin but know that the cryptocurrency is very risky right now. In order to analyze whether the investment is worth it, you use scenario analysis to estimate the expected return. Assume that there are 4 possible outcomes of investing in Dogecoin.
   1. 1. Prices explode, and you make 300% on your investment (probability of this is 10%)
      2. Prices increase slightly, and you make 10% on your investment (probability of this is 30%)
      3. Prices decrease slightly, and you lose 10% on your investment (probability of this is 30 %
      4. Dogecoin crashes, and you lose 75% on your investment (probability of this is 30%)
   2. According to these assumptions, what is the mean expected return on investing in dogecoin?
      1. 6%
      2. 9.2%
      3. 7.5%
      4. 1.5%
   3. According to these assumptions, what is the standard deviation of the expected return on investing in dogecoin?
      1. 103%
      2. 10%
      3. 56%
      4. 107%
   4. Based on your answers to the previous two questions about dogecoin, would you invest in dogecoin? Explain what factors affect your decision to invest.