Write significance of mathematical expectation of variable


Suppose the random variable X measures the rate of return on a single investment. What is the significance of the mathematical expectation of this random variable in investment decisions?

Solution Preview :

Prepared by a verified Expert
Other Subject: Write significance of mathematical expectation of variable
Reference No:- TGS0687516

Now Priced at $5 (50% Discount)

Recommended (94%)

Rated (4.6/5)