Use the Table for the Question(s)below

question 1

Multiple Choice

Use the table for the question(s) below.
Consider the following three individuals portfolios consisting of investments in four stocks:
-Which of the following equations is INCORRECT?

• A)Var(
• R)=
• B)SD(
• R)=
• C)Var(
• R)= P_R × (R - E[R])²
• D)E[R] = P_R × R

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Definitions:

Marginal Revenue

Marginal revenue refers to the additional income generated from selling one more unit of a product or service.

Marginal Cost

The cost of producing one additional unit of a product, which varies depending on the level of production.

Cover Charge

A fee that patrons are required to pay upon entry to a bar, nightclub, or restaurant, typically to cover entertainment expenses.

Hank's Honkytonk

A fictional or specific bar or entertainment venue, often associated with country music and dancing.