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Following are three economic states, their likelihoods, and the potential returns: (see attached) Question 1 Following are three economic states, their likelihoods, and the potential

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Following are three economic states, their likelihoods, and the potential returns: (see attached)

image text in transcribed Question 1 Following are three economic states, their likelihoods, and the potential returns: Economic State Fast growth Slow growth Recession Probability Return 0.20 41 % 0.62 16 0.18 -34 Determine the standard deviation of the expected return. (Do not round intermediate calculations and round your answer to 2 decimal places.) % Standard deviation Question 2 Following are three economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.27 32 % Slow growth 0.35 4 Recession 0.38 -22 Determine the standard deviation of the expected return. (Round your answer to 2 decimal places.) Standard deviation %

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