34)
The Oklahoma Pipeline Company projects the following pattern ofinflows from an investment. The inflows are spread over time toreflect delayed benefits. Each year is independent of theothers.
| Year 1 | | Year 5 | | Year 10 |
| Cash Inflow | Probability | | Cash Inflow | Probability | | Cash Inflow | Probability |
| $ | 65 | | | 0.40 | | | $ | 50 | | | 0.35 | | | $ | 40 | | | 0.30 | |
| 80 | | | 0.20 | | | | 80 | | | 0.30 | | | | 80 | | | 0.40 | |
| 95 | | | 0.40 | | | | 110 | | | 0.35 | | | | 120 | | | 0.30 | |
|
The expected value for all three years is $80.
Compute the standard deviation for each of the three years.(Do not round intermediate calculations. Round your answerto 2 decimal places.)
