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Mathematics, 19.03.2021 18:10 fixianstewart
You have the opportunity to purchase a MLB Franchise. The probability distribution of expected returns for the franchise is as follows:
Probability Rate of Return
0.1 –20%
0.2 0%
0.4 7%
0.2 15%
0.1 25%
The expected rate of return for your investment in the MLB Franchise isExpected rate of return = ∑Piki. The standard deviation is.
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