The Possible Return on an Uncertain Investment Calculated by Weighting

question 188

True/False

The possible return on an uncertain investment calculated by weighting different outcomes by their respective probabilities is called the expected return.

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Definitions:

Philanthropy

The desire to promote the welfare of others, expressed especially by the generous donation of money to good causes.

Minority Group

A category of people who experience relative disadvantage as compared to members of a dominant social group.

U.S. Census Bureau

A principal agency of the U.S. Federal Statistical System responsible for producing data about the American people and economy through censuses and surveys.

New Venture Creation

The process of designing, launching, and running a new business or enterprise.