Question

By next​ year, the stock you own has a 75​% chance of being worth ​$500 and a 25​% probability of being worth ​$100. What are the expected value and the variance?

The​ stock's expected​ value, EV, is

EV=​$???? .(Enter a numeric response using a real number rounded to two decimal​ places.)

Homework: Chapter 14 Homework Score: 0 of 1 pt Text Question 1.4 Save 2 of 7 (0 complete) HW Score: 0%, 0 of 7 pts Question H

The stocks variance is Variance $

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expoced value ECK E p

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