Retums on a certain business venture, to the nearest ($1000), are known to follow the probability distribution below: 1-202 X P(X-x)=f(x) -3 0.1 -2 0.1 -1 0.2 a. What is the expected return b. What is the variance of the return on venture? 0 ?? a 1 0.3 2 0.1
Retums on a certain business venture, to the nearest ($1000), are known to follow the probability distribution below: 1-202 X P(X-x)=f(x) -3 0.1 -2 0.1 -1 0.2 a. What is the expected return b. What is the variance of the return on venture? 0 ?? a 1 0.3 2 0.1
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 23PFA
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![Question No: 05
This is a subjective question, hence you have to write your answer in the Text-Field given below.
20231
Returns on a certain business venture, to the nearest ($1000), are known to follow the probability
distribution below:
4-2020
X
P(X-x)f(x)
-3
0.1
-2
0.1
-1
0.2
a.
What is the expected return
b. What is the variance of the return on venture?
0
??
a
1
0.3
12
2
0.1](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F143a01f4-df4c-4dca-aea0-cebeba81dc75%2F3369ca01-6ab8-4428-b595-51ddd824f24d%2Fdrse36h_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question No: 05
This is a subjective question, hence you have to write your answer in the Text-Field given below.
20231
Returns on a certain business venture, to the nearest ($1000), are known to follow the probability
distribution below:
4-2020
X
P(X-x)f(x)
-3
0.1
-2
0.1
-1
0.2
a.
What is the expected return
b. What is the variance of the return on venture?
0
??
a
1
0.3
12
2
0.1
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