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Following are four economic states, their likelihoods, and the potential returns: Economic State Fast growth Slow growth Recession Depression Probability 0.35 0.48 0.14 0.03 Return
Following are four economic states, their likelihoods, and the potential returns: Economic State Fast growth Slow growth Recession Depression Probability 0.35 0.48 0.14 0.03 Return 61% 21 -41 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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