ACTIVITY 2. Consider the probability mass functions of thetwo investment options that are presented to a businessperson.Compute for the mean and variance of each investment.Investment AProfitP(x)x: P(x) x2x2- P(x)(x)10,0001035, 00010-3,00010Ex2. P(x)Investment BProfitP(x)x2x* - P(x)x: P(x)(지)220,00010516,000103-15,00010Compare the measures of variability for each investment.MeanVarianceStandardDeviationInvestment AInvestment B

Profit(x) P(x) X×P(X) x2 x2×px 10000 610 6000 100000000 60000000 5000 310 1500 25000000 7500000…

ACTIVITY 2. Consider the probability mass functions of the two investment options that are presented to a businessperson. Compute for the mean and variance of cach investment. Investment A Profit P(x) 1- P(x) r-P(x) (x) 10,000 10 3 5,000 10 -3,000 10 Investment B Profit P(x) x-P(x) x 7- P(x) |(x) 2 20,000 10 16,000 10 3 -15,000 10 E- P(x) Compare the measures of variability for each investment. Мean Variance Standard Deviation Investment A Investment B

ACTIVITY 2. Consider the probability mass functions of the two investment options that are presented to a businessperson. Compute for the mean and variance of cach investment. Investment A Profit P(x) 1- P(x) r-P(x) (x) 10,000 10 3 5,000 10 -3,000 10 Investment B Profit P(x) x-P(x) x 7- P(x) |(x) 2 20,000 10 16,000 10 3 -15,000 10 E- P(x) Compare the measures of variability for each investment. Мean Variance Standard Deviation Investment A Investment B

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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