Use the Table for the Question(s)below

question 53

Multiple Choice

Use the table for the question(s) below.
Consider the following probability distribution of returns for Alpha Corporation:
-Suppose an investment is equally likely to have a 35% return or a -20% return.The expected return for this investment is closest to:

• A)7.5%.
• B)15%.
• C)5%.
• D)10%.

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Definitions:

Welfare

A government program that provides financial aid and services to support individuals and families in need.

Random Digit Dialing

A method of sampling telephone numbers at random for surveys, to ensure a representative sample of a population.

Telephone Numbers

A sequence of digits assigned to a landline or mobile telephone subscriber station connected to a telephonic network, through which the subscriber can be reached.

Push Poll

A controversial polling technique where the questions are designed to shape or influence the respondent's opinion rather than measure it.