The probability distribution for the rate of return on an investment is
Rate of Return (In Percent) |
Probability |
9.5 |
.1 |
9.8 |
.2 |
10.0 |
.3 |
10.2 |
.3 |
10.6 |
.1 |
a. |
What is the probability that the rate of return will be at least 10%? |
b. |
What is the expected rate of return? |
c. |
What is the variance of the rate of return? |
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