6. (15 points). Tulson Inc.s manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firms returns will have the probability distribution shown below. Whats the standard deviation of the estimated returns? (Hint: Use the formula for the standard deviation of a population, not a sample.) Do not round your intermediate calculations.******PLEASE DO NOT COPY OTHER CHEGG WORK*******

6. (15 points). Tulson Inc.'s manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's returns will have the probability distribution shown below. What's the standard deviation of the estimated returns? (Hint: Use the formula for the standard deviation of a population, not a sample.) Do not round your intermediate calculations. Prob. Economic Conditions Strong Normal Weak 30% 40% 30% Return 40.0% 10.0% -16.0%