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Following are four economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.32 62 % Slow growth 0.43 18 Recession
Following are four economic states, their likelihoods, and the potential returns:
Economic State | Probability | Return | |||
Fast growth | 0.32 | 62 | % | ||
Slow growth | 0.43 | 18 | |||
Recession | 0.15 | 8 | |||
Depression | 0.10 | 42 | |||
Compute the expected return and standard deviation. (Do not round intermediate calculations and round your answers to 2 decimal places.)
Expected return _____%
Standard deviation ______%
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