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    Microeconomics Study Set 49
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    Exam 15: Risk and Information
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    What Would Be the Expected Value, Variance and Standard Deviation
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What Would Be the Expected Value, Variance and Standard Deviation

Question 37

Question 37

Multiple Choice

What would be the expected value, variance and standard deviation of an event that always took the value one as its outcome?


A) 1, 1, 1
B) 1, 0, 1
C) 1, 0, 0
D) 1, 1, 0

Correct Answer:

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