cteal8391 cteal8391
  • 07-06-2023
  • Mathematics
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Let a preference order be preserved by the function V(X) = ™mx – σx, where mx and ox are the mean and standard deviation of X, respectively, and the coefficient 7 > 0. Suppose for Mary T is 23, while for John it is 4. Who is more risk-averse? Mary John

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