Question
Calculate the standard deviation for the following company based on the forecasts given. Economic condition Probability Return forecast Expansion 20% 13% Normal 60% 5% Recession
Calculate the standard deviation for the following company based on the forecasts given.
| Economic condition | Probability | Return forecast |
| Expansion | 20% | 13% |
| Normal | 60% | 5% |
| Recession | 20% | -13% |
Provide your answer in percent, rounded to two decimals, omitting the % sign.
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Business research methods
Authors: William G Zikmund, Barry J. Babin, Jon C. Carr, Mitch Griff
8th Edition
978-032432062, 0324320620, 1439080674, 978-1439080672
