Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Given this information : state of economy probability of state of economy rate of return if state occurs depression 0.08 -0.098 recession 0.18 0.066 normal
Given this information :
state of economy | probability of state of economy | rate of return if state occurs |
depression | 0.08 | -0.098 |
recession | 0.18 | 0.066 |
normal | 0.43 | 0.137 |
boom | 0.31 | 0.218 |
calculate the standard deviation
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started