A different investor decides to invest $8000 in Fund A and $3000 in Fund B. Assuming the amounts gained by the two funds are independent, what are the mean and standard deviation of the amount gained by this investment in the first month?
A different investor decides to invest $8000 in Fund A and $3000 in Fund B. Assuming the amounts gained by the two funds are independent, what are the mean and standard deviation of the amount gained by this investment in the first month?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 2AGP
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A different investor decides to invest $8000 in Fund A and $3000 in Fund B. Assuming the
amounts gained by the two funds are independent, what are the mean and standard
deviation of the amount gained by this investment in the first month?
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