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A shareholder believes that in one year, there is a 20% chance that his stock will be worth $75, a 50% chance that it will be worth $100, and a 30% chance that it will be worth $140.
a. Find the stock's expected value in one year.
b. Find the standard deviation of the stock's worth in one year.
Self-Discipline
The ability to mobilize one’s efforts to stay focused on attaining an important goal.
Leadership Development
Programs or processes designed to enhance the leadership skills, abilities, and effectiveness of individuals within an organization.
Double-Loop Learning
A learning process where not only are errors detected and corrected, but the underlying values and assumptions leading to the errors are also examined and modified.
Psychotherapy
A therapeutic intervention involving psychological methods, typically involving discussions, used to treat mental health problems or disorders.
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