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Following are four economic states, their likelihood's, and the potential returns: economic states. Probability. Return fast growth. 0.46 61% slow growth. 0.29 15% recession. 0.17
Following are four economic states, their likelihood's, and the potential returns:
economic states. Probability. Return
fast growth. 0.46 61%
slow growth. 0.29 15%
recession. 0.17 -24%
depression. 0.08 -58%
compute the expected return and standard deviation ( do not round intermediate calculations round your final answer to 2 decimal places)
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