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Based on the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Depression 0.07 0.113 Recession 0.17 0.051
Based on the following information:
State of Economy | Probability of State of Economy | Rate of Return if State Occurs |
Depression | 0.07 | 0.113 |
Recession | 0.17 | 0.051 |
Normal | 0.43 | 0.122 |
Boom | 0.33 | 0.203 |
Calculate the expected return. (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
Expected return ? %
Calculate the standard deviation. (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
Standard deviation ? %
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