Virgil is evaluating an investement that has a 15 chance of, Ask an Expert

Economics

Virgil is evaluating an investement that has a 15% chance of losing $10,000, a 50% chance of breaking even, a 30% chance of making $80,000 and a 5% chance of making $400,000. Evaluate the expected out come of this investment. Calculate Virgil's variance and strandard deviation. * I figured out the expected outcome, I just need help calcualting the variance and standard deviation.

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91925391

Have any Question?Write your Review or question?

Related Questions in Business Economics

Qxd 14 - 12 pxnbspnbspnbspandnbspqxs 14pxnbsp-

QXd = 14 - (1/2) P X and QXS = (1/4)P X - 1 a. Determine the equilibrium price and quantity. Show the equilibrium graphically. b. Suppose a $12 excise tax is imposed on the good. Determine the new equilibrium price a ...

True and false question and need to explain itthe theory of

True and False Question and need to explain it The theory of comparative advantage states that trade arises due to different amounts of labor and capital in a country. What arises trade in neo-classical model and o-h mod ...

With smaller companies saving thousands and larger

With smaller companies saving thousands and larger companies saving billions through flexible manufacturing, if you are a discrete parts manufacturer seeking to be more lean, it is important to consider whether this migh ...

Let x denote the number of spots on a single throw of a

Let X denote the number of spots on a single throw of a fair 6-sided die. Find the mean, variance, and standard deviation of X. If you can, relate the mean and variance to the mean and variance. the possible values on th ...

What do economists mean when they say that here is no such

What do economists mean when they say "that here is no such thing as a free lunch"?

Who developed a theory of distribution within capitalism

Who developed a theory of distribution within capitalism? What is the basic assumption of classical theory? What is the basic assumption if Marxian Theory? What are the classical theory's views on individual choices and ...

Sally purchases hardwood lumber for a custom

Sally purchases hardwood lumber for a custom furniture-building shop. She uses three suppliers, Northern Hardwoods, Mountain Top, and Spring Valley. Lumber is classi ed as either clear or has defects. Sally estimates tha ...

Jen and barry get sued by ben amp jerrys for trademark

Jen and Barry get sued by "Ben & Jerry's" for trademark infringement. Jen and Barry lose, and they need a LOT of money. They decide to play Tennetucky's "Mega-6" lottery. They'll win the jackpot if they correctly choose ...

Using one-sample hypothesis testingin a high school marks

Using one-sample hypothesis testing. In a high school, Mark's class took the admission test for business school and averaged 83.4. For all the 10 classes taking the same test, their scores are (including Mark's): 78.2, 9 ...

Explain a situation using the supply and demand for skilled

Explain a situation using the supply and demand for skilled labor in which the increased number of college graduates leads to depressed wages. Given the rising cost of going to college, explain why a college education wi ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert