Let X be a random variable and the payoff of an investment. Suppose the investment has a fee of 10 so that the net payoff is (X-10). The variance of the net payoff, i.e., V( X - 10) must be: OA. 0. OB. 10. C. 100. O D. none of the above.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Let X be a random variable and the payoff of an investment. Suppose the
investment has a fee of 10 so that the net payoff is (X-10). The variance of the net
payoff, i.e., V( X - 10) must be:
OA. 0.
Ов. 10.
Oc. 10
O
D. none of the above.
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F4
F5
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$
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Q
W
E
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Transcribed Image Text:Let X be a random variable and the payoff of an investment. Suppose the investment has a fee of 10 so that the net payoff is (X-10). The variance of the net payoff, i.e., V( X - 10) must be: OA. 0. Ов. 10. Oc. 10 O D. none of the above. Click Save and Submit to save and submit. Click Save All Answers to save all answers. esc 20 F3 D00 F1 F2 000 F4 F5 ! $ % 1 2 4 Q W E tab 5 # 3
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