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Based on the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Depression .13 .108 Recession .22 .056
Based on the following information: |
State of Economy | Probability of State of Economy | Rate of Return if State Occurs |
Depression | .13 | .108 |
Recession | .22 | .056 |
Normal | .47 | .127 |
Boom | .18 | .208 |
Calculate the expected return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
Expected return | % |
Calculate the standard deviation. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
Standard deviation | % |
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