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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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