2- Three alternative rice production technologies have returns that are approximately normally distributed with parameters Technology Mean Standard Deviation A 1200 400 B 1000 300 C 500 100 al Plot the distribution functions of returns for each technology. b/ Which technologies are efficient according to second-degree stochastic dominance? Interpret.

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M1
2-
Three alternative rice production technologies have returns that are approximately normally
distributed with parameters
Technology
Мean
Standard Deviation
A
1200
400
В
1000
300
C
500
100
Plot the distribution functions of returns for each technology.
Which technologies are efficient according to second-degree stochastic dominance?
Interpret.
al
b/
Transcribed Image Text:2- Three alternative rice production technologies have returns that are approximately normally distributed with parameters Technology Мean Standard Deviation A 1200 400 В 1000 300 C 500 100 Plot the distribution functions of returns for each technology. Which technologies are efficient according to second-degree stochastic dominance? Interpret. al b/
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