If There Is a 20% Chance We Will Get a 16

question 8

Multiple Choice

If there is a 20% chance we will get a 16% return, a 30% chance of getting a 14% return, a 40% chance of getting a 12% return, and a 10% chance of getting an 8% return, what is the expected rate of return?

• A) 12%
• B) 13%
• C) 14%
• D) 15%

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Definitions:

Make Believe

Engaging in imaginative play, pretending, or creating a fictional scenario.

Conservation

In cognitive psychology, the principle that properties of substances, such as weight and mass, remain the same (are conserved) when superficial characteristics such as their shapes or arrangement are changed.

Empathy

The capacity to understand and share the feelings of another person, fostering emotional connection and social bonding.

Fine Motor Skills

The coordination of small muscles, in movements—usually involving the synchronization of hands and fingers—with the eyes.