Answer:
1,728
Step-by-step explanation:
The probability of profiting $5.2 million is 5% = 0.05
The probability of profiting $0.9 million is 50% = 0.5
The probability of breaking even, meaning no profit gain, is 45% = 0.45
Expected profit values of the CD is given by
(0.05×5.2) + (0.5×0.9) + (0.45×0) = 0.26+0.45+0 = 0.71 million
The answer is 23.2 I just entered the data into an online standard deviation calculator.
Answer:
X = 45
Step-by-step explanation:
24
x
^2
+
54
x
+
21,
if you would like me to explain how to do it, I can in the comments.
