What Is the Standard Deviation of the Payoff from an Investment

question 20

Multiple Choice

What is the standard deviation of the payoff from an investment that yields $5,000 with a probability of 0.15 and $500 with a probability of 0.85?

• A) $0
• B) $2,581,875
• C) $42.50
• D) $1,606.82

Identify the factors influencing short-term memory retention.

Describe the encoding processes and importance of sensory to working memory transition.

Understand the role of working memory in cognitive tasks.

Explain the serial position effect and its two components: primacy and recency effect.