SCENARIO 5-7 There Are Two Houses with Almost Identical Characteristics Available for Available

question 193

Short Answer

SCENARIO 5-7
There are two houses with almost identical characteristics available for investment in two different neighborhoods with drastically different demographic composition.The anticipated gain in value when the houses are sold in 10 years has the following probability distribution:

-Referring to Scenario 5-7,what is the variance of the gain in value for the house in neighborhood A?

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