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Question
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?
Answer
This answer is hidden. It contains 20 characters.
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