An investment has the following range of outcomes and probabilities.
$\begin{array}{cc}
\underline{\text { Outcomes (Percent)}}&\underline{\text { Probabilities of Outcomes }}\

5 \% & .25 \
7 \% & .50 \
12 \% & .25

\end{array}$
Calculate the expected value and the standard deviation (round to two places after the decimal point where necessary).

Question

An investment has the following range of outcomes and probabilities.
 $\begin{array}{cc}
\underline{\text { Outcomes (Percent)}}&\underline{\text { Probabilities of Outcomes }}\

5 \% & .25 \
7 \% & .50 \
12 \% & .25

\end{array}$
 Calculate the expected value and the standard deviation (round to two places after the decimal point where necessary).

Quizplus · Accepted Answer

The Answer of An investment has the following range of outcomes and probabilities.
 $\begin{array}{cc}
\underline{\text { Outcomes (Percent)}}&\underline{\text { Probabilities of Outcomes }}\

5 \% & .25 \
7 \% & .50 \
12 \% & .25

\end{array}$
 Calculate the expected value and the standard deviation (round to two places after the decimal point where necessary).

An Investment Has the Following Range of Outcomes and Probabilities