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Determine the expected selling price for the land
Determine the expected selling price for the land 1. A firm has decided to invest in a piece of land. Management has estimated that the land can be sold in 5 years for the following possible prices: Price Probability 10,000 .20 15,000 .30 20,000 .40 25,000 .10 (a) Determine the expected selling price for the land. (b) Determine the standard deviation of the possible sales prices. (c) Determine the coefficient of variation. Economics Assignment Help, Economics Homework help, Economics Study Help, Economics Course Help
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23 Apr 2016
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Determine the expected selling price for the land
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