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Carson Inc.'s manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's returns will
Carson Inc.'s manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's returns will have the probability distribution shown below. What's the standard deviation of the estimated returns? Economic Conditions Prob. Return Strong 30% 26.0% Normal 40% 10.0% Weak 30% -16.0% a. 16.45% b. 17.44% c. 13.98% d. 14.31% e. 20.56%
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