Based on the following information, calculate the standard deviation: State of Probability Economy Probability of state of
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Question:
Based on the following information, calculate the standard deviation:
State of Probability Economy | Probability of state of economy | Rate of return if state occurs |
Depression | 0.15 | -0.105 |
recession | 0.30 | 0.059 |
Normal | 0.45 | 0.130 |
Boom | 0.10 | 0.211 |
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