Suppose that you have two four-sided dice that are each equally weighted (i.e. equal chance of any of the four sides landing face up). One of them has values [12.5968, 2, -2 and -12.5968] , the other [12.5968, 4, -2 and -12.5968] . Which of them has a µ of zero using the probability model approach. 1. [12.5968, 4, -2 and -12.5968] 2. [12.5968, 2, -2 and -12.5968]
Suppose that you have two four-sided dice that are each equally weighted (i.e. equal chance of any of the four sides landing face up). One of them has values [12.5968, 2, -2 and -12.5968] , the other [12.5968, 4, -2 and -12.5968] . Which of them has a µ of zero using the probability model approach. 1. [12.5968, 4, -2 and -12.5968] 2. [12.5968, 2, -2 and -12.5968]
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
Related questions
Question
Suppose that you have two four-sided dice that are each equally weighted (i.e. equal chance of any of the four sides landing face up). One of them has values [12.5968, 2, -2 and -12.5968] , the other [12.5968, 4, -2 and -12.5968] . Which of them has a µ of zero using the probability model approach.
| 1. |
[12.5968, 4, -2 and -12.5968] |
|
| 2. |
[12.5968, 2, -2 and -12.5968] |
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