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Following are four economic states, their likelihoods, and the potential returns: Economic State Fast growth Slow growth Recession Depression Probability 0.46 0.29 0.17 0.08 Return
Following are four economic states, their likelihoods, and the potential returns: Economic State Fast growth Slow growth Recession Depression Probability 0.46 0.29 0.17 0.08 Return 61% 15 -24 -58 Compute the expected return and standard deviation. (Do not round intermediate calculations and round your answers to 2 decimal places.) Expected return % 5% Standard deviation
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