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Following are four economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.35 61 % Slow growth 0.49 10 Recession
Following are four economic states, their likelihoods, and the potential returns: |
Economic State | Probability | Return | |||
Fast growth | 0.35 | 61 | % | ||
Slow growth | 0.49 | 10 | |||
Recession | 0.11 | 16 | |||
Depression | 0.05 | 49 | |||
Compute the expected return and standard deviation. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
Expected return | % | |
Standard deviation | % | |
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