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An individual has to choose between investment A and investment B. The individual estimates that income and probability of the income from each investment are given in the following table (a) Using Excel's statistical tools, calculate the standard deviation of the distribution of each investment. (b) Which of the two investments is more risky? (c) Which investment should the individual choose?
Investment A Investment B
Income Probability Income Probability
$4,000 0.4 $4,000 0.3
5,000 0.3 6,000 0.4
6,000 0.3 8,000 0.3
7,000 0.2
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Comprising an evaluation of the impact of past and current fiscal policies, monetary policies, budget deficits or surpluses on the economy and on the airline industry industry.
Using a graph, explain in terms of the elasticity of demand for farm products why farmers may be better-o¤ when harvests are low even if we ignore the money they receive from the set-aside program.
Business if it was done by trade associations, certifications, and professional societies.
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