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Following are three economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.20 24 % Slow growth 0.58 11 Recession
Following are three economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.20 24 % Slow growth 0.58 11 Recession 0.22 33 Determine the standard deviation of the expected return. (Do not round intermediate calculations and round your answer to 2 decimal places.) Standard deviation % rev: 01_31_2017_QC_CS-76809
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