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Based on the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Depression .08 ?.112 Recession .18 .052
Based on the following information: |
State of Economy | Probability of State of Economy | Rate of Return if State Occurs |
Depression | .08 | ?.112 |
Recession | .18 | .052 |
Normal | .44 | .123 |
Boom | .30 | .204 |
Calculate the expected return. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
Expected return | % |
Calculate the standard deviation. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
Standard deviation | % |
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