Question
Following are three economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.19 37 % Slow growth 0.42 20 Recession
Following are three economic states, their likelihoods, and the potential returns:
| 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 calculations and round your answer to 2 decimal places.)
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
11th Edition
1032241829, 978-1032241821
