Discuss whether the standard deviation of portfolio is, or is not, a weighted average of the standard deviation of the assets in the portfolio. Fully explain your answer.

The Bukit Berhad (TBB) has prepared the following information regarding two common stocks under consideration: Stock Sungai Merab Berhad Stock Sungai Ramal Berhad Probability Rate of Return Probability Rate of Return 0.30 11% 0.20 -5% 0.40 15% 0.30 6% 0.30 19% 0.50 22% From the above information you are required to answer below questions. The Bukit Berhad (TBB) has prepared the following information regarding two common stocks under consideration: Stock Sungai Merab Berhad Stock Sungai Ramal Berhad Probability Rate of Return Probability Rate of Return 0.30 11% 0.20 -5% 0.40 15% 0.30 6% 0.30 19% 0.50 22% From the above information you are required to answer below questions