Question
Following are three economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.29 25 % Slow growth 0.41 11 Recession
Following are three economic states, their likelihoods, and the potential returns:
| Economic State | Probability | Return | |||
| Fast growth | 0.29 | 25 | % | ||
| Slow growth | 0.41 | 11 | |||
| Recession | 0.30 | 38 | |||
Determine the standard deviation of the expected return. (Do not round intermediate calculations and round your answer to 2 decimal places.)
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30 Days To Taming Your Finances What To Do To Better Manage Your Money
Authors: Deborah Smith Pegues
1st Edition
0736918361, 978-0736918367
