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Score: Sorry, you are Incorrect. Answer(s): (Your response(s) are shown below, followed by the correct answer(s).) The returns on shares of Valley Transporter are predicted

image text in transcribed Score: Sorry, you are Incorrect. Answer(s): (Your response(s) are shown below, followed by the correct answer(s).) The returns on shares of Valley Transporter are predicted under the following various economic conditions: Recession 0.10 Normal +0.09 Boom +0.18 If each economy state has the same probability of occurring (33.33\%), what is the variance of the stock? 0.0136X Place your answer in decimal form using four decimal places. Feedback: 0.333 as the states are equally likely. 3 . Add up all the values from 2 above. This is the variance

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