Genius

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.




Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
Answered
Other / Other
25 May 2016

Answers (1)

  1. Genius

    Determine the expected selling price for the land.

    Determine the expected selling price for the land.Determine ****** ******
    To see full answer buy this answer.
    Answer Attachments

    1 attachments —

    • img
      5354086.docx

Report As Dispute

Share Your Feedback

Give Review : A+ A B C D F