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    Exam 17: Uncertainty
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    A Share of a Restaurant Chain Can Be Worth $2
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A Share of a Restaurant Chain Can Be Worth $2

Question 20

Question 20

Multiple Choice

A share of a restaurant chain can be worth $2 with a probability of 0.40 and $10 with a probability of 0.60.What is the variance of the price of this share?


A) 3
B) 5
C) 6
D) 8.5

Correct Answer:

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