A white man places a rental property he owns on craigslist to rent it out for the next year. he receives two very promising appl
2 answers:
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Answer:
A) 0.0618
Explanation:
Variance is given by:
Where 'Xi' is the value for each term 'i' in the sample of size 'n' and μ is the sample mean.
The mean investment return is:
The variance is:
The variance of the returns on this investment is A) 0.0618.