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Consider the following information: State i Probability of State i Actual Return of Keithley Industries Boom 85 % 30 % Bust 15 % 1 %
Consider the following information:
| State i | Probability of State i | Actual Return of Keithley Industries |
|---|---|---|
| Boom | 85 % | 30 % |
| Bust | 15 % | 1 % |
What is the variance of Keithley Industries? (Round to 6 decimals) (Remember Variance is not in percentage terms!)
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Financial Management Principles And Applications
Authors: Dr. S. Kr. Paul, Prof. Chandrani Paul
1st Edition
1647251664, 9781647251666
