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s) Charles is considering three possible jobs. The following table shows the possible outcomes he...

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Finance

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s) Charles is considering three possible jobs. The following table shows the possible outcomes he might get in each job. Outcome A Outcome B Probability Probability. Earnings Earnings Job 1 0.5 Job 2 0.3 Job 3 1.0 20 0.5 40 15 0.7 45 30 a) For each job, calculate the expected value, the b) If Charles is averse to risk, what can you predict about e) If Charles is risk neutral, what can you predict about variance, and the standard deviation. his job choice? his job choice

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