Answered step by step
Verified Expert Solution
Question
1 Approved Answer
An investment has the following probability distribution: State of the Probability Rate of Economy of Occurrence Return Strong 0.35 0.28 Average 0.45 0.135 Weak 0.2
An investment has the following probability distribution: | |||||
State of the | Probability | Rate of | |||
Economy | of Occurrence | Return | |||
Strong | 0.35 | 0.28 | |||
Average | 0.45 | 0.135 | |||
Weak | 0.2 | -0.075 | |||
What's the investment's standard deviation? |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started