IncorrectQuestion 4 0 / 5 pts There are two houses with almost identical characteristics available for...
IncorrectQuestion 4 0 / 5 pts There are two houses with almost identical characteristics available for investment in two different neighborhoods. The real estate markets for the two neighborhoods are very different. The anticipated gain in value (in thousands of dollars) when the houses are sold in 10 years has the following probability distribution:
Returns
Probability Neighborhood A Neighborhood B
0.25 -$22.5 $30.5
0.40 $10.0 $25.0
0.35 $40.5 $10.5
For instance, there is a 0.35 probability that the house in Neighborhood A can be sold for a $40,500 profit in 10 years. The probability that the house in Neighborhood B can be sold for a $25,000 profit in 10 years is 0.40.
The mean return for Neighborhood B is 21.3. What is the variance (in thousands of dollars) for the house in Neighborhood B? Provide 1 decimal place in your answer
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IncorrectQuestion 4 0 / 5 pts There are two houses with almost
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following questions :
1 – What is the relevance of the $2,000 monthly payment
to Dave Verden on the analysis of Jones’ financing needs?
2 – What metrics could you use to compare the historical financial
results for Jones with the projected financial results under the
four defined scenarios?
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