Calculate the expected value and the standard deviation


An investment has the following range of outcomes and probabilities:

Outcome                    Probability of outcomes

6%                                0.20

9                                   0.60

12                                 0.20

Calculate the expected value and the standard deviation (round to two places after decimal point where necessary).

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Finance Basics: Calculate the expected value and the standard deviation
Reference No:- TGS0550110

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