Calculate the expected value and the standard deviation
An investment has the following range of outcomes and probabilities:
Outcome Probability of outcomes
6% 0.20
9 0.60
12 0.20
Calculate the expected value and the standard deviation (round to two places after decimal point where necessary).
Expected delivery within 24 Hours
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Compute the expected value and the standard deviation (round to two places after decimal point where essential).
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