The probability distribution for the rate of return on an investment is
$\begin{array}{cc}\text { Rate of Return }\
\text { In Percent) }&\text { Probability }\
9.5 & .1 \
9.8 & .2 \
10.0 & .3 \
10.2 & .3 \
10.6 & .1
\end{array}$
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?

Question

The probability distribution for the rate of return on an investment is
 $\begin{array}{cc}\text { Rate of Return }\
\text { In Percent) }&\text { Probability }\
9.5 & .1 \
9.8 & .2 \
10.0 & .3 \
10.2 & .3 \
10.6 & .1
\end{array}$ 
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?

Quizplus · Accepted Answer

The Answer of The probability distribution for the rate of return on an investment is
 $\begin{array}{cc}\text { Rate of Return }\
\text { In Percent) }&\text { Probability }\
9.5 & .1 \
9.8 & .2 \
10.0 & .3 \
10.2 & .3 \
10.6 & .1
\end{array}$ 
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?

The Probability Distribution for the Rate of Return on an Investment