Question
Following are three economic states, their likelihoods and the potential returns: Economic State Probability Return Fast growth 0.24 30% Slow growth 0.36 7 Recession 0.40
Following are three economic states, their likelihoods and the potential returns:
Economic State Probability Return
Fast growth 0.24 30%
Slow growth 0.36 7
Recession 0.40 -19
Determine the standard deviation of the expected return. (round to the 2 decimal)
Standard Deviation ______%
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Investing In Financial Research A Decision Making System For Better Results
Authors: Cheryl Strauss Einhorn, Tony Blair
1st Edition
1501732757, 9781501732751
