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Author Question: All else held constant, as the variance of a payoff increases, the A) expected value of the ... (Read 119 times)

imowrer

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on: Jul 1, 2018
All else held constant, as the variance of a payoff increases, the
 
  A) expected value of the payoff increases.
  B) risk of the payoff increases.
  C) expected value of the payoff decreases.
  D) risk of the payoff decreases.

Question 2

A lottery game pays 500 with .001 probability and 0 otherwise. The variance of the payout is
 
  A) 15.8.
  B) 249.50.
  C) 249.75.
  D) 499.
Microeconomics ¦ Perloff ¦ 8th Edition
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Edwyer

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Reply #1 on: Jul 1, 2018
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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imowrer

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

T4T

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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