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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% |
Multiple Choice
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38.65 percent
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88.06 percent
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23.8 percent
-
12.19 percent
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