A stock DEF has the following payoffs probabilities:
A stock DEF has the following payoffs probabilities: Probability
0.3 0.45 0.25
Payoff
$50 $85 $90
What is the Variance of payoffs of the stock?
Note: The numbers for this question may have been changed from the previous question.
Give your answer for Variance as a number and not a percentage.
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