Identical periods and probabilities of success

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You are considering putting money into one of two investments A and B. The net profits for identical periods and probabilities of success for investments A and B are given in the following table:

a. By finding the expected profit for each investment determine which investment you would choose?

b. Determine the standard deviation of each investment. Given this extra information, can you make a decision on which investment is better?

Reference no: EM131064341

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