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Compute the standard deviation given these four economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast Growth 0.20 100% Slow Growth
Compute the standard deviation given these four economic states, their likelihoods, and the potential returns:
| Economic State | Probability | Return |
|---|---|---|
| Fast Growth | 0.20 | 100% |
| Slow Growth | 0.50 | 10% |
| Recession | 0.20 | 1% |
| Depression | 0.10 | -10% |
| a. | 12.19 percent | |
| b. | 23.8 percent | |
| c. | 38.65 percent | |
| d. | 88.06 percent |
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A Survey Of Mathematics With Applications
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
11th Edition
0135740460, 978-0135740460
