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

5 \% & .25 \
7 \% & .50 \
12 \% & .25
\end{array}
\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}{l}\begin{array} { c c } 
\text { Outcomes (Percent)}&\text { Probabilities of Outcomes }\

5 \% & .25 \
7 \% & .50 \
12 \% & .25
\end{array}
\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}{l}\begin{array} { c c } 
\text { Outcomes (Percent)}&\text { Probabilities of Outcomes }\

5 \% & .25 \
7 \% & .50 \
12 \% & .25
\end{array}
\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