1883统计简单essayshort
Average Gross Leverage at Launch
题目
A live manager panel shows 27 low-leverage funds and 18 high-leverage funds. Survival rates for those groups were 90% and 60%, respectively. Suppose low-leverage funds average 1.2x gross leverage and high-leverage funds average 2.4x gross leverage.
What was the average gross leverage across the original launches?
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