Question
Question 3 0 / 2 pts Outcome Probability Return Boom 60% 0.27 Normal 25% 0.23 Recession 10% 0.11 Depression 5% 0.04 What is the variance
Question 3
0 / 2 pts
| Outcome | Probability | Return |
| Boom | 60% | 0.27 |
| Normal | 25% | 0.23 |
| Recession | 10% | 0.11 |
| Depression | 5% | 0.04 |
What is the variance of this asset's returns? Please report your answer as a decimal, rounded to four decimal places.
Correct Answer
0.0091 margin of error +/- 0.0001
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The Handbook For Investment Committee Members
Authors: Russell L. Olson
1st Edition
0471719781, 978-0471719786
