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Stuart Company's manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's returns will

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Stuart Company's manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's returns will have the probability distribution shown below. What's the standard deviation of the estimated returns? (Hint: Use the formula for the standard deviation of a population, not a sample.) Economic Conditions Strong Normal Weak Prob. 30% 40% 30% Return 25.9096 10.00% --16.00% Select the correct answer. a. 15.86% b. 15.30% O c. 15.58% O d. 16.42% O e. 16.14%

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