What is the standard deviation of the rate of return
Problem
Suppose you have a project that has a 0.9 chance of doubling your investment in a year and 0.1 chance of having your investment in a year. What is the standard deviation of the rate of return on this investment?
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Suppose you have a project that has a 0.9 chance of doubling your investment in a year. What is the standard deviation of the rate of return on this investment?
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How can we correlate this demystification of magic along with demystifying the skills it takes to achieve successful project management?
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