A Shareholder Believes That in One Year, There Is a 20

question 22

Essay

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.

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Definitions:

Noted Exceptional Condition

A unique or rare health state or disorder that is identified and specifically highlighted due to its uncommon nature.

NOS

An abbreviation for "Not Otherwise Specified," used in medical coding when a condition doesn't fit other specific categories.

Not Otherwise Specified

A classification used in diagnosis when symptoms don't fully meet the criteria for a more specific disorder.

No Ovary Status

A medical or physiological condition indicating the absence of one or both ovaries.