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Other Fields Homework Help Economics Topic started by: Mairoon on Oct 19, 2017



Title: A lottery game pays $500 with .001 probability and $0 otherwise. The variance of the payout is
Post by: Mairoon on Oct 19, 2017
A lottery game pays $500 with .001 probability and $0 otherwise. The variance of the payout is
A) 15.8.
B) 249.50.
C) 249.75.
D) 499.


Title: Re: A lottery game pays $500 with .001 probability and $0 otherwise. The variance of the payout is
Post by: TecShdw on Oct 19, 2017
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Title: Re: A lottery game pays $500 with .001 probability and $0 otherwise. The variance of the payout is
Post by: Mairoon on Aug 14, 2018
Thanks. This is just start. ;)