An investment will be worth $1,000, $2,000, or $5,000 and $7000 at the end of the year. The probabilities of these value

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answerhappygod
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An investment will be worth $1,000, $2,000, or $5,000 and $7000 at the end of the year. The probabilities of these value

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An investment will be worth $1,000, $2,000, or $5,000 and $7000 at the end of the year. The probabilities of these values are 20%, 54%, 11% and 15%, respectively. Construct a probability distribution below. Calculate the expected investment. as well as Variance and standard deviation for the investment.
Probablity Distribution:
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