An investment pays $1,500 half of the time and $500 half of the time. Its expected value and variance respectively are Multiple Choice $2,000; (250,000 dollars)2squared $1,000; 250,000 dollars2squared $1,000; 250,000 dollars $1,000; 500,000 dollars solutionspile.com

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An investment pays $1,500 half of the time and $500 half of the time. Its expected value and variance respectively are  Multiple Choice  $2,000; (250,000 dollars)2squared  $1,000; 250,000 dollars2squared  $1,000; 250,000 dollars  $1,000; 500,000 dollars    solutionspile.com

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