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Based on the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Depression 0.15 0.110 Recession 0.20 0.054
Based on the following information:
State of Economy | Probability of State of Economy | Rate of Return if State Occurs |
Depression | 0.15 | 0.110 |
Recession | 0.20 | 0.054 |
Normal | 0.49 | 0.125 |
Boom | 0.16 | 0.206 |
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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