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Author Question: It costs $1,000 to enter the following game of chance, which is based on the outcome of a coin toss ... (Read 64 times)

mpobi80

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on: Apr 25, 2021
It costs $1,000 to enter the following game of chance, which is based on the outcome of a coin toss (fair coin). If the coin comes up 'heads' then you win and walk away with $1,100, which is a 10% rate of return. If the coin comes up 'tails', then you lose and walk away with $900, which is a -10% rate of return. What is the variance of the returns?
◦ 0.05
◦ 0.1
◦ 0.09
◦ 0.01
◦ 0.5
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Marked as best answer by mpobi80 on Apr 25, 2021

Tabitha_2016

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mpobi80

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review

cdmart10

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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