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Instruction 5 -Referring to Instruction 5

question 98

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Instruction 5.3
There are two houses with almost identical characteristics available for investment in two different neighbourhoods with drastically different demographic composition. The anticipated gain in value when the houses are sold in 10 years has the following probability distribution:
Returns
 Probability  Neighbourhood A  Neighbourhood B 0.25$22,500$30,5000.40$10,000$25,0000.35$40,500$10,500\begin{array} { | c | c | c | } \hline \text { Probability } & \text { Neighbourhood A } & \text { Neighbourhood B } \\\hline 0.25 & - \$ 22,500 & \$ 30,500 \\\hline 0.40 & \$ 10,000 & \$ 25,000 \\\hline 0.35 & \$ 40,500 & \$ 10,500 \\\hline\end{array}
-Referring to Instruction 5.3,what is the standard deviation of the value gain for the house in neighbourhood A?

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Definitions:

Passive Communication

A communication style where individuals fail to express their feelings or needs, often leading to miscommunication and conflict.

Easygoing

Describes someone or something that is relaxed, calm, and not easily upset or disturbed.

Written Copy

Text that has been transcribed or printed from one medium to another, often referring to a replicated document or manuscript.

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