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

question 167

Short Answer

TABLE 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 Table 5-7, what is the total variance of value gain if you invest in both houses?

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Definitions:

Summate

To add together or accumulate to a total; in physiology, refers to the additive effect of repeated stimuli on a nerve or muscle.

Gray Matter

Regions of the brain and spinal cord with a high concentration of cell bodies, dendrites, and axon terminals of neurons, distinguished from white matter.

Cortex

The outer layer of the cerebrum in the brain, involved in many advanced brain functions, including memory, attention, perceptual awareness, and language.

Depolarization

A decrease in the difference in charge between the inside and outside of a cell's plasma membrane, often leading to nerve impulse transmission or muscle contraction.