Problem 1Asset PAsset DAsset QInvestment$5,000Probability$7,500Probability$8,150ProbabilityPessimistic4%0.107%0.0511 %0.31Most Likely6%0.9012%0.8019%0.40Optomistic8%0.1017%0.1528%0.29Calculate the following: 1) Range of outcomes2) Weighted average return3) Standard Deviation4) Which is the best investmentProblem 2Asset WAsset TAsset HInvestment$1,250Probability$10,000Probability$3,275ProbabilityPessimistic15%0.209%0.304 %0.10Most Likely16%0.5013%0.407%0.80Optomistic17%0.3020%0.3010%0.10Calculate the following: 1) Range of outcomes2) Weighted average return3) Standard Deviation4) Which is the best investmentProblem 3Asset MAsset OAsset BInvestment$12,749Probability$14,092Probability$17,762ProbabilityPessimistic2%0.407%0.70 11%0.25Most Likely8%0.2012%0.1519%0.50Optomistic14%0.4017%0.1528%0.25Calculate the following: 1) Range of outcomes2) Weighted average return3) Standard Deviation4) Which is the best investmentProblem 1Asset PAsset DAsset QInvestment$5,000Probability$7,500Probability$8,150ProbabilityPessimistic4%0.107%0.0511 %0.31Most Likely6%0.9012%0.8019%0.40Optomistic8%0.1017%0.1528%0.29Calculate the following: 1) Range of outcomes2) Weighted average return3) Standard Deviation4) Which is the best investmentProblem 2Asset WAsset TAsset HInvestment$1,250Probability$10,000Probability$3,275ProbabilityPessimistic15%0.209%0.304 %0.10Most Likely16%0.5013%0.407%0.80Optomistic17%0.3020%0.3010%0.10Calculate the following: 1) Range of outcomes2) Weighted average return3) Standard Deviation4) Which is the best investmentProblem 3Asset MAsset OAsset BInvestment$12,749Probability$14,092Probability$17,762ProbabilityPessimistic2%0.407%0.70 11%0.25Most Likely8%0.2012%0.1519%0.50Optomistic14%0.4017%0.1528%0.25Calculate the following: 1) Range of outcomes2) Weighted average return3) Standard Deviation4) Which is the best investment Solution Problem1: 1. Range of out come: 2. Weighted average return: 3. Standard Deviation: 4. Which is the best investment Machine P was having low risk hence it will be the best investment Problem 2: 1. Range of out come: 2. Weighted average return: 3. Standard Deviation: 4. Which is the best investment Machine W was having low risk hence it will be the best investment Problem 3: 1. Range of out come: 2. Weighted average return: 3. Standard Deviation: 4. Which is the best investment Machine O was having low risk hence it will be the best investmentRange of out comesMachine PPessimestic0.4%Most likely5.4%Optimistic0.8%Range of out comesMachine DPessimestic0.4%Most likely9.6%Optimistic1.1%Range of out comes:Machine QPessimestic3.4%Most likely7.6%Optimistic8.1%.