Question
Suppose your expectations regarding the stock market are as follows: State of the Economy Probability HPR Boom 0.3 44% Normal growth 0.6 22 Recession 0.1
Suppose your expectations regarding the stock market are as follows:
| State of the Economy | Probability | HPR | |
| Boom | 0.3 | 44% | |
| Normal growth | 0.6 | 22 | |
| Recession | 0.1 | -15 | |
|
| |||
Use above equations to compute the mean and standard deviation of the HPR on stocks. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
mean?
standard deviation?
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Financing Failure A Century Of Bailouts
Authors: Vern McKinley
1st Edition
1598130498,1598130560
