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A Share of an Oil Company Can Be Worth $10

question 96

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A share of an oil company can be worth $10 with a probability of 0.50 and $20 with a probability of 0.50.What is the standard deviation of the price of this share?


Definitions:

Interpersonal Distance

Refers to the physical space between individuals during social interactions, which can influence communication and relationship dynamics.

Anthropologist

A scientist who studies human societies, cultures, and their development.

Paralanguage

All vocal cues other than the content of the verbal message itself.

Rapidly

Quickly or in a short amount of time.

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