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PLEASE, I NEED THE PROCESS OF SOLVING THE EQUATION WRITTEN OUT SO I UNDERSTAND HOW TO ARRIVE AT THE ANSWER. THANK YOU! Check my work

PLEASE, I NEED THE PROCESS OF SOLVING THE EQUATION WRITTEN OUT SO I UNDERSTAND HOW TO ARRIVE AT THE ANSWER. THANK YOU!

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Check my work Suppose you have a project that has a 0.7 chance of tripling your investment in a year and a 0.3 chance of doubling your investment in a year. What is the standard deviation of the rate of return on this investment? (Do not round intermediate calculations. Enter your answer as a decimal rounded to 4 places.) 1 points Standard deviation ook Print References

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