What is the Variance of returns for Security XYZ? (no rounding off until the final answer, final answer at 5 decimal places “X.XXXXX”) the following probability distribution for security XYZ is determined: OUTCOME PROBABILITY EXPECTED RETURN A 20% 20% B 80% 25%

Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
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Chapter5: Probability: An Introduction To Modeling Uncertainty
Section: Chapter Questions
Problem 28P
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What is the Variance of returns for Security XYZ? (no rounding off until the final answer, final answer at 5 decimal places “X.XXXXX”)

the following probability distribution for security XYZ is determined:

OUTCOME PROBABILITY EXPECTED RETURN
A 20% 20%
B 80% 25%
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