Calcualting the variance and standard deviation

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Virgil is evaluating an investement that has a 15% chance of losing $10,000, a 50% chance of breaking even, a 30% chance of making $80,000 and a 5% chance of making $400,000. Evaluate the expected out come of this investment. Calculate Virgil's variance and strandard deviation. * I figured out the expected outcome, I just need help calcualting the variance and standard deviation.

Reference no: EM131170971

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Calcualting the variance and standard deviation : Virgil is evaluating an investement that has a 15% chance of losing $10,000, a 50% chance of breaking even, a 30% chance of making $80,000 and a 5% chance of making $400,000. Evaluate the expected out come of this investment. Calculate Virgil's varia..
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