Examlex

Solved

Use the Following to Answer Questions

question 128

Multiple Choice

Use the following to answer questions:
Scenario: Diversification
Morris is considering investing $10,000 in a sunglass company or a rain poncho company. If it is a rainy year and he invests only in the sunglass company, he will lose $5,000. However, if it is a rainy year and he invests only in the rain poncho company, he will earn $10,000. If it is a sunny year and he invests only in the sunglass company, he will earn $10,000; if he invests only in the rain poncho company, he will lose $5,000 in a sunny year. There is a 50% chance of a sunny year and a 50% chance of a rainy year.
-(Scenario: Diversification) Look at the scenario Diversification. If Morris invests half of his money in the sunglass company and half in the rain poncho company, what is his expected gain or loss?


Definitions:

Conduct Disorder

A pattern of repetitive behavior where the rights of others or social norms are violated.

Conduct Disorder

A mental disorder diagnosed in childhood or adolescence characterized by a repetitive and persistent pattern of behavior that violates the basic rights of others or major societal norms.

Antisocial Behaviors

Actions that harm or lack consideration for the well-being of others, often violating social norms.

Depression

A common mental health disorder marked by persistent sadness, loss of interest in activities, and a range of emotional and physical symptoms.

Related Questions