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Consider the following information: 1a) State i Probability of State i Actual Return of Ford Inc Boom 69 % 11 % Bust 31 % 1

Consider the following information:

1a)

State i Probability of State i Actual Return of Ford Inc
Boom 69 % 11 %
Bust 31 % 1 %

What is the expected Return of Ford Inc? (Answer as a percentage, and round to 2 decimal places.)

Answer:

1b)

Consider the following information

State i Probability of State i Actual Return of Keithley Industries
Boom 16 % 24 %
Bust 84 % 3 %

What is the variance of Keithley Industries? (Round to 6 decimals) (Remember Variance is not in percentage terms!)

Answer:

1c)

Consider the following information:

State i Probability of State i Actual Return of Keithely Industries
Boom 16 % 24 %
Bust 84 % 3 %

What is the standard deviation of Keithely Industries? (Answer as a percentage) (Round to 2 decimals)

Answer:

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