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Following are three economic states, their likelihood's, and the potential return economic state. Probability. Return fast growth. 0.19. 37% slow growth. 0.42. 20% recession. 0.39.
Following are three economic states, their likelihood's, and the potential return
economic state. Probability. Return
fast growth. 0.19. 37%
slow growth. 0.42. 20%
recession. 0.39. -13%
Determine the standard deviation of the expected return. (Do not round intermediate calculation and round your answer to 2 decimal places.)
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